Boone County Health Center
Albion, Boone County, NE
· CCN 281334
Licensed to Boone County Health Center
Composite
35.9
rank score
Distress
46
FY2023
Fit
38
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin under 2%
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- 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 | $39.2M |
| Operating margin | -10.4% |
| Total margin | 0.2% |
| Days cash on hand | 226 |
| Current ratio | 3.64 |
| Occupancy | 24% |
Facility
| Beds | 25 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $31.1M | $3.6M | -5.2% | 9.9% | 298 | 2.80 | 31% | 543 | 28 |
| 2021 | 25 | $34.2M | $8.4M | -0.7% | 19.6% | 252 | 3.93 | 28% | 537 | 24 |
| 2022 | 25 | $37.0M | $3.0M | -0.2% | 7.6% | 275 | 1.15 | 26% | 583 | 28 |
| 2023 | 25 | $39.2M | $80.3K | -10.4% | 0.2% | 226 | 3.64 | 24% | 509 | 46 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Anthony Kusek | w-2 managing employee | 2012-10 | ||
| Anthony Kusek | operational/managerial control | 2012-10 | ||
| Caleb Poore | corporate officer | 2023-10 | ||
| Caleb Poore | w-2 managing employee | 2023-10 | ||
| Caleb Poore | operational/managerial control | 2023-10 | ||
| Dana Cox | corporate officer | 2024-08 | ||
| Dana Cox | corporate director | 2024-07 | ||
| Gary Stokes | corporate director | 2025-07 | ||
| Kim Beierman | corporate officer | 2021-10 | ||
| Kim Beierman | corporate director | 2015-07 | ||
| Paul Groeteke | corporate officer | 2016-10 | ||
| Paul Groeteke | corporate director | 2015-07 | ||
| Rita Liss | w-2 managing employee | 2017-07 | ||
| Rita Liss | operational/managerial control | 2017-07 | ||
| Tony Kurtenbach | corporate director | 2019-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.