dealflow
envelope $200M

← Targets

Saint Marys Hospital

dba Chi Health St Marys · Nebraska City, Otoe County, NE · CCN 281342
Licensed to St Marys Community Hospital

Composite
30.1
rank score
Distress
33
FY2024
Fit
38
vs thesis
Estimated ticket
$1.5M–$3.1M
18 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin under 2%
  • current ratio below 0.8
  • occupancy 30-45%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$38.7M
Operating margin 1.1%
Total margin 8.0%
Days cash on hand 222
Current ratio -21.90
Occupancy33%

Facility

Beds18
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 18 $39.6M $6.8M 14.8% 16.7% 647 1.19 37% 279 9
2022 18 $40.1M $5.6M 8.0% 13.1% 739 1.28 38% 353 9
2023 18 $39.5M $4.2M 3.4% 10.0% 181 -31.28 39% 398 19
2024 18 $38.7M $3.3M 1.1% 8.0% 222 -21.90 33% 401 33

Owners

OwnerRole%SinceType
Chi Nebraska
Omaha, NE
5% or greater direct ownership interest 100 2013-08
Commonspirit Health
Englewood, CO
5% or greater indirect ownership interest 100 2013-08
Chi Nebraska
Omaha, NE
operational/managerial control 2009-07
Commonspirit Health
Englewood, CO
operational/managerial control 2007-02
Daniel Defreece contracted managing employee 2018-05
Evert Kuiper corporate director 2022-01
Evert Kuiper operational/managerial control 2022-01
Heather Morgan corporate director 2020-07
John Petersdorf corporate director 2021-01
Kelly Bacon corporate director 2021-07
Kevin Fitzgerald corporate director 2021-07
Kirtibala Gupta corporate director 2021-07
Mardell Wilson corporate director 2020-10
Marvin O'quinn other 2022-08
Maurita Soukup corporate director 2017-07
Nadine Heimann corporate director 2019-07
Nick O'tool operational/managerial control 2023-01
Suzanne Hruza corporate director 2014-09
William Barney corporate director 2020-07
William Yates corporate director 2015-10

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.