Warren Memorial Hospital
Friend, Saline County, NE · CCN 281330
Composite
57.4
rank score
Distress
100
FY2023
Fit
31
vs thesis
Estimated ticket
$892K–$1.8M
15 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- 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 · FY2023
| Net patient revenue | $5.4M |
| Operating margin | -32.1% |
| Total margin | -16.3% |
| Days cash on hand | 0 |
| Current ratio | 0.47 |
| Occupancy | 24% |
Facility
| Beds | 15 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 19 | $4.0M | $-30.6K | -17.9% | -0.7% | 9 | 0.25 | 10% | 4 | 91 |
| 2021 | 19 | $4.2M | $1.2M | -12.6% | 20.1% | 55 | 0.43 | 10% | 12 | 78 |
| 2022 | 15 | $4.6M | $-237K | -23.7% | -4.4% | 12 | 0.54 | 27% | 16 | 96 |
| 2023 | 15 | $5.4M | $-997K | -32.1% | -16.3% | 0 | 0.47 | 24% | 15 | 100 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.