Lincoln Regional Center
Lincoln, NE
· CCN 284003
Licensed to State Of Nebraska Dept Of Admin Services
Composite
72.8
rank score
Distress
90
FY2024
Fit
81
vs thesis
Estimated ticket
$51.2M–$205M
266 beds ·
within envelope
Ownership
nonprofit
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- large — ticket likely stretches the envelope
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $12.9M |
| Operating margin | -513.0% |
| Total margin | -512.9% |
| Days cash on hand | 14 |
| Current ratio | — |
| Occupancy | 82% |
Facility
| Beds | 266 |
| Facility type | PH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $192K |
| Per-bed (high) | $770K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 241 | $-32.5M | $-79.2M | 243.3% | 243.3% | 14 | — | 4% | 96 | 41 |
| 2022 | — | — | — | — | — | — | — | — | — | — |
| 2023 | 248 | $46.7M | $-24.9M | -53.3% | -53.3% | 6 | — | 80% | 239 | 88 |
| 2024 | 266 | $12.9M | $-66.3M | -513.0% | -512.9% | 14 | — | 82% | 28 | 90 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Courtney Phillips | operational/managerial control | 100 | 2015-01 | |
| Sheri Dawson | operational/managerial control | 100 | 2015-01 | |
| Courtney Phillips | corporate director | 2015-04 | ||
| State Of Nebraska Dept Of Admin Services | operational/managerial control | 2015-09 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.