Henderson Health Care Services
Henderson, York County, NE
· CCN 281308
Licensed to Henderson Health Care Services Inc
Composite
28.0
rank score
Distress
32
FY2024
Fit
34
vs thesis
Estimated ticket
$1.1M–$2.2M
13 beds ·
within envelope
Ownership
nonprofit
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
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $19.4M |
| Operating margin | -3.6% |
| Total margin | 8.9% |
| Days cash on hand | 184 |
| Current ratio | 4.76 |
| Occupancy | 17% |
Facility
| Beds | 13 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | 13 | $13.9M | $7.9M | -0.4% | 36.2% | 339 | 3.32 | 20% | 102 | 24 |
| 2022 | 13 | $14.3M | $2.1M | 0.4% | 12.0% | 105 | 1.66 | 20% | 90 | 20 |
| 2023 | 13 | $16.7M | $1.8M | -3.0% | 9.6% | 151 | 3.09 | 18% | 99 | 24 |
| 2024 | 13 | $19.4M | $2.0M | -3.6% | 8.9% | 184 | 4.76 | 17% | 95 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Brown | corporate director | 100 | 2009-01 | |
| Cheryl Brown | w-2 managing employee | 2011-03 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.