dealflow
envelope $200M

← Targets

Thayer County Health Services

Hebron, Thayer County, NE · CCN 281304
Licensed to Thayer County Memorial Hospital

Composite
34.9
rank score
Distress
50
FY2024
Fit
31
vs thesis
Estimated ticket
$1.4M–$2.7M
19 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • operating margin below -10%
  • total margin under 2%
  • 90-150 days cash on hand
  • 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$26.1M
Operating margin -19.2%
Total margin 0.7%
Days cash on hand 96
Current ratio 4.01
Occupancy10%

Facility

Beds19
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $72.2K
Per-bed (high) $144K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 19 $21.4M $2.3M -17.9% 8.1% 192 2.24 21% 191 37
2022 19 $24.4M $3.5M -13.2% 11.2% 130 3.25 17% 176 41
2023 19 $27.1M $1.1M -13.4% 3.5% 109 4.27 13% 148 41
2024 19 $26.1M $219K -19.2% 0.7% 96 4.01 10% 107 50

Owners

OwnerRole%SinceType
Alegent Creighton Health
Omaha, NE
operational/managerial control 2016-07
Brian Rokusek contracted managing employee 2021-12
Brian Rokusek corporate officer 2021-12
Brian Rokusek operational/managerial control 2021-12
Karen Dahlkoetter corporate officer 2017-02
Karen Dahlkoetter corporate director 2017-02
Laura Tuma corporate officer 2019-01
Laura Tuma corporate director 2017-01
Lindsey Myers w-2 managing employee 2025-01
Lindsey Myers operational/managerial control 2025-01
Loren Wiedel corporate officer 2017-01
Loren Wiedel corporate director 2013-01
Michael Defoe w-2 managing employee 2021-08
Michael Defoe operational/managerial control 2021-08
Michael Long corporate officer 2025-01
Michael Long corporate director 2021-01
Zachary Messman corporate director 2025-01

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.