Wishek Community Hospital
dba South Central Health ·
Wishek, Mcintosh County, ND
· CCN 351321
Licensed to Wishek Hospital-Clinic Association
Composite
33.4
rank score
Distress
44
FY2023
Fit
34
vs thesis
Estimated ticket
$2.0M–$4.1M
24 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- total margin negative
- 90-150 days cash on hand
- occupancy below 30%
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $8.6M |
| Operating margin | -19.3% |
| Total margin | -1.2% |
| Days cash on hand | 98 |
| Current ratio | 3.72 |
| Occupancy | 9% |
Facility
| Beds | 24 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 24 | $7.1M | $-144K | -19.9% | -1.7% | 250 | 1.62 | 9% | 165 | 44 |
| 2021 | 24 | $7.3M | $1.1M | -19.3% | 11.0% | 169 | 1.87 | 7% | 125 | 37 |
| 2022 | 24 | $7.6M | $-246K | -22.5% | -2.7% | 125 | 3.32 | 8% | 164 | 49 |
| 2023 | 24 | $8.6M | $-122K | -19.3% | -1.2% | 98 | 3.72 | 9% | 146 | 44 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Carly Sanders | w-2 managing employee | 2009-05 | ||
| Donald Hochhalter | corporate director | 2023-05 | ||
| Jeremy Rohr | w-2 managing employee | 2004-05 | ||
| John Kosiak | w-2 managing employee | 2003-01 | ||
| Josephine Vilhauer | w-2 managing employee | 1966-08 | ||
| Josey Huber | w-2 managing employee | 2021-05 | ||
| Kari Buchholz | w-2 managing employee | 2021-12 | ||
| Kari Buchholz | operational/managerial control | 2021-12 | ||
| Kelly Brown | corporate officer | 2021-01 | ||
| Kelly Brown | w-2 managing employee | 2021-01 | ||
| Lee Aipperspach | corporate director | 2006-02 | ||
| Lila Raile | corporate officer | 2022-05 | ||
| Lila Raile | corporate director | 2021-02 | ||
| Lisa Weigel | corporate director | 2021-05 | ||
| Lukas Fischer | contracted managing employee | 2023-07 | ||
| Lukas Fischer | corporate officer | 2023-07 | ||
| Lukas Fischer | corporate director | 2023-07 | ||
| Lukas Fischer | operational/managerial control | 2023-07 | ||
| Marla Berntson | corporate director | 2007-11 | ||
| Megan Rath | corporate officer | 2022-10 | ||
| Megan Rath | corporate director | 2022-10 | ||
| Megan Rath | w-2 managing employee | 2022-10 | ||
| Nathan Wolf | corporate officer | 2021-05 | ||
| Nathan Wolf | corporate director | 2015-09 | ||
| Rebecca Schnabel | corporate officer | 2022-05 |
Showing 25 of 35. Full list via /api/targets/351321.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.