Unity Medical Center
Grafton, Walsh County, ND
· CCN 351320
Licensed to Christian Unity Hospital Corporation
Composite
35.6
rank score
Distress
41
FY2024
Fit
43
vs thesis
Estimated ticket
$1.2M–$2.4M
14 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin -10% to -5%
- 60-90 days cash on hand
- occupancy 45-60%
- margin deteriorating sharply
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $27.9M |
| Operating margin | -5.6% |
| Total margin | 2.1% |
| Days cash on hand | 72 |
| Current ratio | 5.21 |
| Occupancy | 46% |
Facility
| Beds | 14 |
| Facility type | CAH |
| Setting | rural |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 14 | $18.2M | $3.1M | -3.7% | 14.0% | 228 | 2.42 | 38% | 169 | 26 |
| 2022 | 14 | $21.9M | $1.5M | -2.5% | 6.1% | 165 | 6.98 | 40% | 154 | 21 |
| 2023 | 14 | $25.7M | $1.9M | -0.5% | 6.7% | 94 | 7.82 | 41% | 139 | 26 |
| 2024 | 14 | $27.9M | $622K | -5.6% | 2.1% | 72 | 5.21 | 46% | 116 | 41 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amy Vollrath | corporate director | 100 | 2013-07 | |
| Bradley Wurgler | corporate officer | 100 | 2020-05 | |
| Heidi Paulson | corporate director | 100 | 2018-08 | |
| Josephine Petersen | corporate director | 100 | 2013-07 | |
| Matthew Viscito | corporate director | 100 | 2018-08 | |
| Paul Mohagen | corporate director | 100 | 2018-08 | |
| Roger Gorder | corporate director | 100 | 2013-07 | |
| Russell Carignan | corporate director | 100 | 2018-08 | |
| Thomas Campbell | corporate director | 100 | 2018-08 | |
| Todd Morgan | corporate director | 100 | 2018-08 | |
| Alan Oneil | corporate officer | 2014-06 | ||
| Christian Unity Hospital Corporation | 5% or greater direct ownership interest | 1971-02 | ||
| Darla Hanson | w-2 managing employee | 2010-03 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.