Madonna Rehabilitation Hospital
dba Madonna Rehabilitation Hospital Lincoln ·
Lincoln, Lancaster County, NE
· CCN 283025
Licensed to Madonna Rehabilitation Hospital
Composite
52.8
rank score
Distress
48
FY2024
Fit
78
vs thesis
Estimated ticket
$21.8M–$87.1M
67 beds ·
within envelope
Ownership
nonprofit
RH
Why it ranks here
- operating margin -10% to -5%
- total margin under 2%
- 30-60 days cash on hand
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $177M |
| Operating margin | -6.7% |
| Total margin | 1.6% |
| Days cash on hand | 34 |
| Current ratio | 2.36 |
| Occupancy | 64% |
Facility
| Beds | 67 |
| Facility type | RH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $325K |
| Per-bed (high) | $1.3M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 67 | $170M | $22.6M | -2.1% | 11.5% | 43 | 2.27 | 75% | 574 | 32 |
| 2022 | 67 | $176M | $-6.4M | -3.9% | -3.6% | 37 | 2.24 | 70% | 534 | 44 |
| 2023 | 67 | $177M | $-4.9M | -8.8% | -2.6% | 27 | 2.42 | 67% | 534 | 52 |
| 2024 | 67 | $177M | $3.0M | -6.7% | 1.6% | 34 | 2.36 | 64% | 646 | 48 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adam Hayes | corporate officer | 2024-09 | ||
| Alexander Mckiernan | corporate director | 2023-09 | ||
| Daniel Vokoun | corporate officer | 2025-09 | ||
| Daniel Vokoun | corporate director | 2021-10 | ||
| David Gannon | corporate director | 2017-09 | ||
| Diocesan Health Ministries | other | 1996-02 | ||
| Gary Perkins | corporate director | 2017-09 | ||
| Gregory Vasek | corporate director | 2015-09 | ||
| Harris Frankel | corporate director | 2025-09 | ||
| Heidi Doane | corporate officer | 2025-09 | ||
| Heidi Doane | corporate director | 2023-09 | ||
| John Coffey | corporate director | 2023-09 | ||
| John Sullivan | corporate officer | 2013-07 | ||
| John Sullivan | corporate director | 2013-07 | ||
| Katherine Lempka | corporate director | 2017-09 | ||
| Kenneth Hopkins | corporate director | 2024-12 | ||
| Kenneth Hopkins | w-2 managing employee | 2024-12 | ||
| Kenneth Hopkins | operational/managerial control | 2024-12 | ||
| Lauren Pugliese | corporate director | 2019-09 | ||
| Nicholas Wilwerding | corporate officer | 2025-09 | ||
| Nicholas Wilwerding | corporate director | 2022-09 | ||
| Patrick Spethman | corporate director | 2018-12 | ||
| Paul Dongilli | corporate officer | 2016-01 | ||
| Paul Dongilli | corporate director | 2016-01 | ||
| Paul Dongilli | w-2 managing employee | 2006-06 |
Showing 25 of 32. Full list via /api/targets/283025.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.