Pawnee County Memorial Hospital
Pawnee City, NE
· CCN 281302
Licensed to Pawnee County Memorial Hospital
Composite
26.8
rank score
Distress
32
FY2024
Fit
31
vs thesis
Estimated ticket
$1.4M–$2.9M
17 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin negative
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $10.2M |
| Operating margin | -1.8% |
| Total margin | 6.1% |
| Days cash on hand | 276 |
| Current ratio | 8.31 |
| Occupancy | 6% |
Facility
| Beds | 17 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 17 | $9.0M | $2.6M | -3.6% | 21.7% | 367 | 1.96 | 7% | 32 | 24 |
| 2022 | 17 | $9.3M | $459K | -3.0% | 4.6% | 279 | 2.91 | 8% | 55 | 24 |
| 2023 | 17 | $9.7M | $934K | -1.7% | 8.6% | 241 | 9.05 | 7% | 34 | 24 |
| 2024 | 17 | $10.2M | $673K | -1.8% | 6.1% | 276 | 8.31 | 6% | 23 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Carol Schaardt | corporate officer | 33 | 2016-02 | |
| Gary Farwell | corporate officer | 33 | 2008-07 | |
| James Kubik | corporate officer | 33 | 2016-02 | |
| John Werner | contracted managing employee | 2021-10 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.