Memorial Community Hospital
dba Memorial Community Hospital Health Systems ·
Blair, Washington County, NE
· CCN 281359
Licensed to Memorial Community Hospital Corporation
Composite
19.9
rank score
Distress
5
FY2023
Fit
44
vs thesis
Estimated ticket
$1.8M–$3.6M
21 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- occupancy 30-45%
- urban — higher occupancy and iteration surface
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $50.0M |
| Operating margin | 5.8% |
| Total margin | 10.8% |
| Days cash on hand | 214 |
| Current ratio | 6.77 |
| Occupancy | 40% |
Facility
| Beds | 21 |
| Facility type | CAH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 21 | $37.3M | $3.0M | 4.6% | 7.8% | 224 | 5.39 | 12% | 320 | 9 |
| 2021 | 21 | $41.8M | $4.7M | 6.7% | 10.8% | 221 | 6.64 | 18% | 313 | 9 |
| 2022 | 21 | $44.8M | $2.8M | 1.2% | 5.9% | 182 | 6.38 | 32% | 297 | 12 |
| 2023 | 21 | $50.0M | $5.7M | 5.8% | 10.8% | 214 | 6.77 | 40% | 330 | 5 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Memorial Community Hospital Corporation | operational/managerial control | 60 | 2002-04 | |
| Alegent Health Immanuel Medical Center | operational/managerial control | 40 | 2002-04 | |
| Alegent Creighton Health | other | 2002-04 | ||
| Amy Zimmer | corporate officer | 2020-12 | ||
| Amy Zimmer | corporate director | 2020-12 | ||
| Amy Zimmer | w-2 managing employee | 2020-12 | ||
| Amy Zimmer | operational/managerial control | 2020-12 | ||
| Evert Kuiper | other | 2022-01 | ||
| Manuela Wolf | contracted managing employee | 2018-03 | ||
| Manuela Wolf | operational/managerial control | 2018-03 | ||
| Melissa Templar | w-2 managing employee | 2011-08 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.