dealflow
envelope $200M

← Targets

Beatrice Community Hospital

Beatrice, Gage County, NE · CCN 281364
Licensed to Beatrice Community Hospital & Health Center Inc

Composite
32.0
rank score
Distress
31
FY2023
Fit
45
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin under 2%
  • under 30 days cash on hand
  • occupancy 30-45%
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$88.6M
Operating margin 0.0%
Total margin 9.5%
Days cash on hand 18
Current ratio 1.55
Occupancy41%

Facility

Beds25
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
2020 25 $82.5M $3.3M -1.4% 3.8% 228 3.49 40% 766 21
2021 25 $79.6M $12.0M -3.2% 12.8% 267 5.61 40% 792 21
2022 25 $84.6M $-3.7M -1.2% -4.5% 30 1.48 41% 810 59
2023 25 $88.6M $9.3M 0.0% 9.5% 18 1.55 41% 909 31

Owners

OwnerRole%SinceType
Benjamin Thayer corporate director 2021-01
Brenda Mcniff corporate director 2014-01
Bruce Vitosh corporate officer 2016-01
Bruce Vitosh corporate director 2016-01
Chad Jurgens w-2 managing employee 2019-11
Chad Jurgens operational/managerial control 2019-11
Craig Zarybnicky corporate director 2020-01
Deann Paulson corporate director 2021-01
Deanne Caspers Moon corporate director 2017-01
Le Roy Janzen corporate officer 2008-01
Le Roy Janzen corporate director 2008-01
Richard Haraldson corporate officer 2018-01
Richard Haraldson w-2 managing employee 2018-01
Richard Haraldson operational/managerial control 2018-01
Rodney Ensz corporate officer 2021-01
Rodney Ensz corporate director 2019-01
Ryan Trauernicht corporate director 2021-01
Steve Sandman corporate officer 2021-01
Steve Sandman corporate director 2016-01
Susan Hartley corporate director 2020-01

Ownership changes

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