Nemaha County Hospital
Auburn, Nemaha County, NE
· CCN 281324
Licensed to Nemaha County Hospital
Composite
26.8
rank score
Distress
32
FY2024
Fit
31
vs thesis
Estimated ticket
$1.4M–$2.7M
16 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 | $19.9M |
| Operating margin | -0.1% |
| Total margin | 4.5% |
| Days cash on hand | 466 |
| Current ratio | 16.30 |
| Occupancy | 14% |
Facility
| Beds | 16 |
| 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 | 16 | $14.5M | $2.6M | 4.5% | 15.5% | 582 | 2.65 | 14% | 67 | 9 |
| 2022 | 16 | $16.1M | $4.5M | 8.3% | 23.3% | 575 | 4.83 | 15% | 117 | 9 |
| 2023 | 16 | $18.4M | $1.7M | 7.1% | 9.0% | 387 | 14.05 | 15% | 118 | 9 |
| 2024 | 16 | $19.9M | $946K | -0.1% | 4.5% | 466 | 16.30 | 14% | 96 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brent Lottman | corporate director | 2022-12 | ||
| Kay Oliver | corporate officer | 2021-05 | ||
| Kay Oliver | corporate director | 2012-11 | ||
| Martin Fattig | corporate officer | 2015-04 | ||
| Martin Fattig | w-2 managing employee | 2002-07 | ||
| Martin Fattig | operational/managerial control | 2002-07 | ||
| Michael Casey | corporate officer | 2006-04 | ||
| Michael Casey | corporate director | 1993-04 | ||
| Richard Moody | corporate officer | 2023-01 | ||
| Richard Moody | corporate director | 1997-04 | ||
| Stacy Taylor | w-2 managing employee | 2007-07 | ||
| Stacy Taylor | operational/managerial control | 2007-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.