Cozad Community Hospital
Cozad, Dawson County, NE
· CCN 281327
Licensed to Cozad Community Hospital
Composite
35.8
rank score
Distress
52
FY2024
Fit
31
vs thesis
Estimated ticket
$1.4M–$2.9M
20 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- 60-90 days cash on hand
- 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 | $22.1M |
| Operating margin | -14.9% |
| Total margin | 5.7% |
| Days cash on hand | 83 |
| Current ratio | 3.95 |
| Occupancy | 17% |
Facility
| Beds | 20 |
| 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 | 20 | $15.2M | $3.1M | -26.9% | 13.7% | 156 | 7.23 | 19% | 237 | 37 |
| 2022 | 20 | $16.4M | $1.2M | -24.7% | 5.7% | 71 | 3.95 | 18% | 278 | 47 |
| 2023 | 20 | $19.3M | $-95.1K | -20.7% | -0.4% | 55 | 3.47 | 16% | 180 | 61 |
| 2024 | 20 | $22.1M | $1.5M | -14.9% | 5.7% | 83 | 3.95 | 17% | 221 | 52 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alan Svajgr | corporate director | 2010-05 | ||
| Bill Wilkinson | corporate officer | 2022-06 | ||
| Bill Wilkinson | corporate director | 2018-05 | ||
| Cynthia Finnegan | corporate director | 2018-05 | ||
| Linda Benjamin | corporate officer | 2014-06 | ||
| Linda Benjamin | corporate director | 2013-12 | ||
| Lisa Hunke | w-2 managing employee | 2001-05 | ||
| Lisa Hunke | operational/managerial control | 2001-05 | ||
| Matthew Burkholder | corporate officer | 2006-05 | ||
| Matthew Burkholder | corporate director | 2006-02 | ||
| Patrick Wetovick | w-2 managing employee | 2022-04 | ||
| Patrick Wetovick | operational/managerial control | 2022-04 | ||
| Robert Dyer | corporate officer | 2022-02 | ||
| Robert Dyer | w-2 managing employee | 2022-02 | ||
| Robert Dyer | operational/managerial control | 2022-02 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.