dealflow
envelope $200M

← Targets

Community Medical Center Inc.

dba Community Medical Center · Falls City, Richardson County, NE · CCN 281352
Licensed to Community Medical Center Inc

Composite
28.0
rank score
Distress
32
FY2024
Fit
34
vs thesis
Estimated ticket
$2.0M–$4.1M
24 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin negative
  • 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$34.9M
Operating margin -4.1%
Total margin 6.4%
Days cash on hand 176
Current ratio 5.71
Occupancy25%

Facility

Beds24
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 24 $24.5M $5.1M -7.7% 16.1% 309 6.34 26% 460 31
2022 24 $28.7M $960K -3.3% 3.1% 283 5.83 24% 501 24
2023 24 $32.7M $2.0M -1.7% 5.8% 248 5.63 25% 501 24
2024 24 $34.9M $2.5M -4.1% 6.4% 176 5.71 25% 541 32

Owners

OwnerRole%SinceType
Janet Prichard operational/managerial control 100 2020-09
Ryan Larsen corporate officer 2005-09
Ryan Larsen w-2 managing employee 2005-09

Ownership changes

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