dealflow
envelope $200M

← Targets

Chi Health Lakeside

Omaha, Douglas County, NE · CCN 280130
Licensed to Alegent Creighton Health

Composite
52.0
rank score
Distress
42
FY2024
Fit
78
vs thesis
Estimated ticket
$54.5M–$218M
109 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • current ratio below 0.8
  • margin deteriorating sharply
  • 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$216M
Operating margin 13.2%
Total margin 15.8%
Days cash on hand 5
Current ratio -0.06
Occupancy77%

Facility

Beds109
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 114 $176M $45.3M 20.5% 24.5% 2 -0.05 58% 5,404 38
2022 114 $176M $25.0M 12.0% 13.9% 4 -0.04 63% 5,348 36
2023 109 $200M $37.0M 15.3% 17.9% 5 -0.06 70% 6,054 36
2024 109 $216M $35.2M 13.2% 15.8% 5 -0.06 77% 6,981 42

Owners

OwnerRole%SinceType
Chi Nebraska
Omaha, NE
5% or greater direct ownership interest 100 2013-08
Commonspirit Health
Chicago, IL
5% or greater indirect ownership interest 100 2013-08 chain
Cindy Alloway corporate director 2023-07
Heather Morgan corporate director 2020-07
Julie Goebel corporate director 2025-10
Kelly Bacon corporate director 2021-07
Kevin Fitzgerald corporate officer 2021-07
Kevin Fitzgerald corporate director 2021-07
Kirtibala Gupta corporate director 2021-07
Mardell Wilson corporate director 2020-10
Michelle Tidjani corporate officer 2025-10
Michelle Tidjani corporate director 2025-10
Nadine Heimann corporate director 2019-07
Nick O'tool corporate officer 2023-07
Nick O'tool operational/managerial control 2023-01
Thomas Mcginn corporate director 2025-10
Thomas Rohleder corporate officer 2025-10
Thomas Rohleder corporate director 2025-10
Tim Bricker corporate officer 2025-10
Tim Bricker corporate director 2023-07
William Barney corporate officer 2020-07
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.

DateBuyerSellerHospitalBeds
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