York General Hospital Inc
dba York General Hospital ·
York, York County, NE
· CCN 281336
Licensed to York General Hospital
Composite
29.0
rank score
Distress
28
FY2023
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin negative
- occupancy below 30%
- margin deteriorating
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $57.7M |
| Operating margin | -3.4% |
| Total margin | 4.7% |
| Days cash on hand | 215 |
| Current ratio | 4.77 |
| Occupancy | 23% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | $46.4M | $3.7M | -3.5% | 6.8% | 209 | 3.57 | 25% | 608 | 24 |
| 2021 | 25 | $50.7M | $9.8M | -1.1% | 15.6% | 208 | 4.78 | 30% | 701 | 24 |
| 2022 | 25 | $52.3M | $5.0M | -1.9% | 8.4% | 228 | 5.23 | 26% | 684 | 24 |
| 2023 | 25 | $57.7M | $3.0M | -3.4% | 4.7% | 215 | 4.77 | 23% | 644 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| James Ulrich | w-2 managing employee | 100 | 2018-01 | |
| Carrie Colburn | corporate director | 2021-08 | ||
| Cassandra Otte | corporate director | 2008-01 | ||
| Charles Harris | corporate director | 2008-01 | ||
| Gayle Mcquistan | w-2 managing employee | 2008-01 | ||
| Jane Jensen | corporate director | 2021-04 | ||
| Jennifer Obermier | w-2 managing employee | 2008-01 | ||
| Kristie Holoch | corporate director | 2008-01 | ||
| Miles Berg | corporate director | 2021-08 | ||
| Mitch Bartholomew | corporate director | 2019-09 | ||
| Shirley Witte | corporate director | 2019-10 | ||
| Steve Ermer | corporate director | 2019-04 | ||
| Terri Carlson | corporate director | 2020-07 | ||
| Tony North | corporate director | 2021-08 | ||
| York General Hospital | operational/managerial control | 2008-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.