Methodist Fremont Health
Fremont, Dodge County, NE
· CCN 280077
Licensed to Methodist Fremont Health
Composite
29.6
rank score
Distress
17
FY2023
Fit
55
vs thesis
Estimated ticket
$5.0M–$10.0M
50 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 30-60 days cash on hand
- occupancy 45-60%
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $145M |
| Operating margin | 12.3% |
| Total margin | 18.9% |
| Days cash on hand | 35 |
| Current ratio | 4.74 |
| Occupancy | 50% |
Facility
| Beds | 50 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 50 | $108M | $11.2M | -0.1% | 9.4% | 31 | 0.94 | 46% | 2,477 | 48 |
| 2021 | 50 | $132M | $33.4M | 15.9% | 23.1% | 18 | 1.57 | 43% | 2,403 | 28 |
| 2022 | 50 | $130M | $11.2M | 7.1% | 8.5% | 16 | 2.15 | 47% | 2,533 | 24 |
| 2023 | 50 | $145M | $29.7M | 12.3% | 18.9% | 35 | 4.74 | 50% | 2,958 | 17 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adam Lamprecht | corporate director | 2018-10 | ||
| Bret Griess | corporate director | 2018-10 | ||
| Fred Waring | corporate director | 2018-10 | ||
| Jeffrey Francis | corporate officer | 2018-06 | ||
| Jeffrey Francis | corporate director | 2018-06 | ||
| Jennifer Bixby | corporate director | 2023-01 | ||
| Jody Horner | corporate director | 2018-10 | ||
| Josephine Abboud | corporate officer | 2026-01 | ||
| Josephine Abboud | corporate director | 2026-01 | ||
| Josephine Abboud | other | 2026-01 | ||
| Kenneth Beebe | corporate director | 2018-10 | ||
| Melinda Kentfield | w-2 managing employee | 2018-10 | ||
| Melinda Kentfield | operational/managerial control | 2018-10 | ||
| Monty Sellon | corporate director | 2018-10 | ||
| Nebraska Methodist Health System Inc | operational/managerial control | 2018-06 | ||
| Nicole Wagner Dix | corporate director | 2018-10 | ||
| Shaun Custard | w-2 managing employee | 2020-05 | ||
| Shaun Custard | operational/managerial control | 2020-05 | ||
| Steven Navarrette | corporate director | 2018-10 | ||
| Tammy Deemer | w-2 managing employee | 2022-11 | ||
| Tammy Deemer | operational/managerial control | 2022-11 | ||
| William Vobejda | corporate officer | 2024-09 | ||
| William Vobejda | w-2 managing employee | 2024-09 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2018-10-01 | change of ownership | Methodist Fremont Health | Fremont Health |
Who has been buying in NE
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2022-01-01 | Bryan Hospital Kearney | Kearney Regional Medical Center Llc | Kearney Regional Medical Center | 93 |
| 2018-10-01 | Methodist Fremont Health | Fremont Health | Methodist Fremont Health | 50 |