Gordon Memorial Hospital District
Gordon, Sheridan County, NE
· CCN 281358
Licensed to Gordon Memorial Hospital
Composite
29.6
rank score
Distress
32
FY2024
Fit
38
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin negative
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- 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 | $16.6M |
| Operating margin | -4.6% |
| Total margin | 2.1% |
| Days cash on hand | 172 |
| Current ratio | 6.70 |
| Occupancy | 10% |
Facility
| Beds | 25 |
| 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 | 25 | $13.9M | $5.4M | -3.8% | 27.3% | 187 | 3.10 | 14% | 158 | 24 |
| 2022 | 25 | $14.5M | $654K | -1.1% | 4.3% | 197 | 4.65 | 11% | 173 | 24 |
| 2023 | 25 | $15.8M | $1.0M | -1.7% | 6.1% | 169 | 7.80 | 12% | 182 | 24 |
| 2024 | 25 | $16.6M | $372K | -4.6% | 2.1% | 172 | 6.70 | 10% | 167 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kelsey Smith | w-2 managing employee | 2020-02 | ||
| Megan Heath | w-2 managing employee | 2022-08 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.