Rock County Hospital
Bassett, Rock County, NE
· CCN 281333
Licensed to Rock County Hospital
Composite
36.7
rank score
Distress
54
FY2024
Fit
31
vs thesis
Estimated ticket
$1.1M–$2.2M
15 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin negative
- 90-150 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 | $11.4M |
| Operating margin | -40.4% |
| Total margin | -1.0% |
| Days cash on hand | 122 |
| Current ratio | 5.95 |
| Occupancy | 8% |
Facility
| Beds | 15 |
| 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 | 24 | $8.8M | $1.2M | -43.6% | 8.9% | 192 | 1.73 | 9% | 58 | 37 |
| 2022 | 24 | $9.9M | $381K | -37.6% | 2.7% | 192 | 5.48 | 7% | 85 | 37 |
| 2023 | 24 | $10.9M | $363K | -36.7% | 2.4% | 154 | 5.79 | 7% | 65 | 37 |
| 2024 | 15 | $11.4M | $-164K | -40.4% | -1.0% | 122 | 5.95 | 8% | 60 | 54 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Jackie Carpenter | w-2 managing employee | 2006-12 | ||
| Stacey Knox | corporate officer | 2000-02 | ||
| Stacey Knox | w-2 managing employee | 2000-02 | ||
| Stacey Knox | operational/managerial control | 2000-02 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.