Brown County Hospital
Ainsworth, Brown County, NE
· CCN 281325
Licensed to Brown County Hospital
Composite
34.9
rank score
Distress
50
FY2024
Fit
31
vs thesis
Estimated ticket
$1.7M–$3.3M
23 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total 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 | $11.4M |
| Operating margin | -12.4% |
| Total margin | -1.3% |
| Days cash on hand | 229 |
| Current ratio | 4.94 |
| Occupancy | 4% |
Facility
| Beds | 23 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $72.2K |
| Per-bed (high) | $144K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 23 | $9.7M | $2.4M | -2.8% | 19.4% | 344 | 2.83 | 7% | 47 | 24 |
| 2022 | 23 | $11.0M | $1.1M | -1.2% | 9.1% | 333 | 7.74 | 8% | 73 | 24 |
| 2023 | 23 | $10.3M | $325K | -12.6% | 2.7% | 265 | 6.97 | 6% | 62 | 37 |
| 2024 | 23 | $11.4M | $-159K | -12.4% | -1.3% | 229 | 4.94 | 4% | 46 | 50 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brent Deibler | corporate officer | 2021-01 | ||
| Brent Deibler | corporate director | 2017-09 | ||
| Brown County Hospital | operational/managerial control | 2000-05 | ||
| Melvin Campbell | w-2 managing employee | 2012-07 | ||
| Melvin Campbell | operational/managerial control | 2012-07 | ||
| Mirya Hallock | corporate officer | 2022-05 | ||
| Mirya Hallock | w-2 managing employee | 2022-05 | ||
| Mirya Hallock | operational/managerial control | 2022-05 | ||
| Theodore Stearns | corporate officer | 2022-09 | ||
| Theodore Stearns | w-2 managing employee | 2021-12 | ||
| Theodore Stearns | operational/managerial control | 2021-12 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.