dealflow
envelope $200M

← Targets

Franciscan Healthcare

West Point, Dodge County, NE · CCN 281322
Licensed to Franciscan Care Services Inc

Composite
23.2
rank score
Distress
15
FY2023
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • 90-150 days cash on hand
  • occupancy below 30%
  • margin slipping
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$51.1M
Operating margin 6.8%
Total margin 19.7%
Days cash on hand 90
Current ratio 2.50
Occupancy27%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 25 $37.7M $9.9M 4.4% 21.5% 157 2.89 24% 334 9
2021 25 $43.5M $8.8M 8.8% 18.2% 119 1.42 21% 330 17
2022 25 $45.7M $-1.7M 4.5% -3.4% 54 2.59 22% 389 38
2023 25 $51.1M $11.7M 6.8% 19.7% 90 2.50 27% 407 15

Owners

OwnerRole%SinceType
Alisa Brunsing w-2 managing employee 2019-01
Alisa Brunsing operational/managerial control 2019-01
Allen Meister corporate director 2022-01
Brian Hass w-2 managing employee 2022-01
Brian Hass operational/managerial control 2022-01
Brian Reimers corporate director 2020-06
Chester Mcwhorter corporate officer 2020-06
Chester Mcwhorter corporate director 2018-05
Dyann Bradbury corporate director 2022-04
Franciscan Sisters Of Christian Charity Sponsored Ministries Inc
Manitowoc, WI
operational/managerial control 1995-05
Holy Family Convent Of Franciscan Sisters Of Christian Charity Inc
Manitowoc, WI
operational/managerial control 1995-05
Jason Smith corporate officer 2022-04
Jason Smith corporate director 2018-05
Patricia Linssen corporate director 2018-08
Regina Uhing corporate officer 2022-04
Regina Uhing corporate director 2017-06
Rodney Giese corporate director 2022-04
Scott Mcconnaha other 2018-06
Tyler Toline corporate officer 2020-02
Tyler Toline corporate director 2020-02
Tyler Toline w-2 managing employee 2020-02
Tyler Toline operational/managerial control 2020-02
William Kreikemeier corporate officer 2022-04
William Kreikemeier corporate director 2022-01

Ownership changes

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