dealflow
envelope $200M

← Targets

Saunders Medical Center

Wahoo, Saunders County, NE · CCN 281307
Licensed to Saunders Medical Center

Composite
16.0
rank score
Distress
8
FY2024
Fit
31
vs thesis
Estimated ticket
$1.4M–$2.7M
16 beds · within envelope
Ownership
government
CAH

Why it ranks here

  • occupancy below 30%
  • 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$39.1M
Operating margin 5.1%
Total margin 20.0%
Days cash on hand 169
Current ratio 5.14
Occupancy15%

Facility

Beds16
Facility typeCAH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 16 $30.5M $7.2M -3.8% 18.5% 187 3.94 13% 117 24
2022 16 $32.2M $2.3M -0.3% 6.6% 156 5.37 11% 108 24
2023 16 $35.9M $2.6M -0.0% 6.8% 135 3.92 16% 111 29
2024 16 $39.1M $9.3M 5.1% 20.0% 169 5.14 15% 131 8

Owners

OwnerRole%SinceType
Saunders County
Wahoo, NE
5% or greater direct ownership interest 100 1966-01
Bryan Health
Lincoln, NE
operational/managerial control 2015-01
Julie Rezac contracted managing employee 2020-02
Julie Rezac operational/managerial control 2020-02

Ownership changes

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