Chi Health Immanuel
Omaha, Douglas County, NE
· CCN 280081
Licensed to Alegent Health Immanuel Medical Center
Composite
57.8
rank score
Distress
55
FY2024
Fit
78
vs thesis
Estimated ticket
$75.2M–$301M
177 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- under 30 days cash on hand
- current ratio below 0.8
- margin slipping
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $214M |
| Operating margin | -6.4% |
| Total margin | 8.6% |
| Days cash on hand | 3 |
| Current ratio | -0.09 |
| Occupancy | 66% |
Facility
| Beds | 177 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 177 | $187M | $18.9M | -1.3% | 9.1% | 2 | -0.06 | 61% | 7,676 | 51 |
| 2022 | 177 | $178M | $-1.9M | -9.1% | -1.0% | 3 | -0.06 | 50% | 5,538 | 68 |
| 2023 | 177 | $188M | $878K | -8.8% | 0.4% | 5 | -0.09 | 58% | 6,508 | 63 |
| 2024 | 177 | $214M | $21.3M | -6.4% | 8.6% | 3 | -0.09 | 66% | 8,008 | 55 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Chi Nebraska | 5% or greater direct ownership interest | 100 | 2023-11 | |
| Commonspirit Health | 5% or greater indirect ownership interest | 100 | 2013-08 | chain |
| Anthony Ashby | corporate officer | 2024-03 | ||
| Anthony Ashby | w-2 managing employee | 2024-03 | ||
| Cindy Alloway | corporate director | 2025-10 | ||
| Heather Morgan | corporate director | 2020-07 | ||
| Kelly Bacon | corporate director | 2021-07 | ||
| Kevin Fitzgerald | corporate director | 2021-07 | ||
| Kirtibala Gupta | corporate director | 2021-07 | ||
| Mardell Wilson | corporate director | 2020-10 | ||
| Michelle Tidjani | corporate director | 2025-10 | ||
| Nadine Heimann | corporate director | 2019-07 | ||
| Nick O'tool | corporate officer | 2023-11 | ||
| Nick O'tool | operational/managerial control | 2023-01 | ||
| Terika Mbanu | corporate officer | 2024-01 | ||
| Thomas Mcginn | corporate director | 2025-10 | ||
| Thomas Rohleder | corporate officer | 2025-10 | ||
| Tim Bricker | corporate officer | 2025-10 | ||
| Tim Bricker | corporate director | 2025-10 | ||
| William Barney | corporate director | 2020-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
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 |