Perkins County Health Services
Grant, Perkins County, NE
· CCN 281356
Licensed to Perkins County Hospital District
Composite
23.6
rank score
Distress
25
FY2024
Fit
31
vs thesis
Estimated ticket
$1.7M–$3.4M
20 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin negative
- occupancy below 30%
- margin slipping
- 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
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $28.1M |
| Operating margin | -4.4% |
| Total margin | 5.5% |
| Days cash on hand | 264 |
| Current ratio | 7.35 |
| Occupancy | 14% |
Facility
| Beds | 20 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 20 | $27.0M | $2.0M | -10.1% | 6.3% | 187 | 3.97 | 27% | 331 | 37 |
| 2022 | 20 | $28.3M | $281K | -5.4% | 0.9% | 233 | 4.41 | 23% | 312 | 34 |
| 2023 | 20 | $25.3M | $341K | -13.0% | 1.2% | 211 | 6.91 | 19% | 222 | 40 |
| 2024 | 20 | $28.1M | $1.7M | -4.4% | 5.5% | 264 | 7.35 | 14% | 163 | 25 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Neil Hilton | corporate officer | 100 | 2018-01 | |
| Neil Hilton | w-2 managing employee | 100 | 2018-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.