dealflow
envelope $200M

← Targets

Osmond General Hospital

Osmond, Pierce County, NE · CCN 281347
Licensed to Osmond General Hospital Inc

Composite
30.7
rank score
Distress
38
FY2024
Fit
34
vs thesis
Estimated ticket
$1.7M–$3.4M
20 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin -10% to -5%
  • 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$8.7M
Operating margin -6.9%
Total margin 4.4%
Days cash on hand 252
Current ratio 10.17
Occupancy18%

Facility

Beds20
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 20 $8.5M $3.6M -1.0% 29.3% 390 4.16 24% 103 24
2022 20 $7.8M $-652K -7.1% -8.4% 360 4.83 29% 96 48
2023 20 $8.5M $1.1M -4.8% 10.7% 285 10.70 26% 83 24
2024 20 $8.7M $432K -6.9% 4.4% 252 10.17 18% 87 38

Owners

OwnerRole%SinceType
Douglas Ketelsen corporate officer 2014-03
Douglas Ketelsen corporate director 2001-06
Douglas Koehler corporate director 2020-01
Jodi Aschoff w-2 managing employee 2000-12
Jodi Aschoff operational/managerial control 2000-12
Kevin Lauck corporate director 2014-06
Lon Knievel corporate director 2015-04
Lon Knievel w-2 managing employee 2015-07
Lon Knievel operational/managerial control 2015-04
Riley Eckmann operational/managerial control 2018-06
Stephanie Anderson corporate director 2022-05
Theresa Stapelman corporate officer 2017-04
Theresa Stapelman corporate director 1998-04
Timothy Kint corporate officer 2014-03
Timothy Kint corporate director 1998-01
Walter Aschoff corporate director 2014-06
William Hefner corporate director 2022-08

Ownership changes

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