Chi Health Plainview
Plainview, Pierce County, NE
· CCN 281346
Licensed to Alegent Creighton Health
Composite
52.3
rank score
Distress
86
FY2024
Fit
34
vs thesis
Estimated ticket
$892K–$1.8M
15 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $9.3M |
| Operating margin | -11.9% |
| Total margin | -5.2% |
| Days cash on hand | 4 |
| Current ratio | -0.99 |
| Occupancy | 18% |
Facility
| Beds | 15 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 15 | $10.7M | $2.0M | 7.6% | 17.0% | 2 | -2.26 | 16% | 52 | 44 |
| 2022 | 15 | $11.4M | $1.9M | 11.2% | 15.6% | 12 | -1.61 | 17% | 61 | 44 |
| 2023 | 15 | $12.4M | $2.5M | 14.0% | 18.9% | 6 | -1.03 | 21% | 49 | 44 |
| 2024 | 15 | $9.3M | $-513K | -11.9% | -5.2% | 4 | -0.99 | 18% | 77 | 86 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Chi Nebraska | 5% or greater indirect ownership interest | 100 | 2013-08 | |
| Commonspirit Health | 5% or greater indirect ownership interest | 100 | 2013-08 | |
| Evert Kuiper | corporate director | 2022-01 | ||
| Evert Kuiper | operational/managerial control | 2022-01 | ||
| Gregory Beckmann | contracted managing employee | 2016-04 | ||
| 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.