Mercy Hospital Of Valley City
dba Chi Mercy Health ·
Valley City, Barnes County, ND
· CCN 351324
Licensed to Mercy Hospital Of Valley City
Composite
33.5
rank score
Distress
38
FY2024
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin -10% to -5%
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $13.2M |
| Operating margin | -6.2% |
| Total margin | 21.2% |
| Days cash on hand | 282 |
| Current ratio | 2.92 |
| Occupancy | 27% |
Facility
| Beds | 25 |
| 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 | 25 | $13.1M | $8.4M | 3.5% | 40.1% | 340 | 2.53 | 36% | 202 | 6 |
| 2022 | 25 | $13.0M | $-1.9M | -6.6% | -15.6% | 295 | 2.50 | 31% | 378 | 44 |
| 2023 | 25 | $13.2M | $392K | -0.8% | 2.9% | 273 | 6.00 | 30% | 361 | 21 |
| 2024 | 25 | $13.2M | $3.8M | -6.2% | 21.2% | 282 | 2.92 | 27% | 249 | 38 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alan Lafave | corporate director | 2019-07 | ||
| Amber Stowman | corporate officer | 2018-08 | ||
| Amber Stowman | w-2 managing employee | 2018-08 | ||
| Bethany Smith | corporate officer | 2009-07 | ||
| Bethany Smith | w-2 managing employee | 2009-07 | ||
| Casey Stoudt | corporate director | 2017-01 | ||
| Commonspirit Health | 5% or greater direct ownership interest | 1996-04 | ||
| Fredrick Mitzel | corporate director | 2020-07 | ||
| Lloyd Dean | corporate officer | 2000-06 | ||
| Page Bjornson | corporate director | 2019-07 | ||
| Rebecca Thompson | corporate officer | 2021-07 | ||
| Rebecca Thompson | w-2 managing employee | 2021-07 | ||
| Tim Ost | corporate director | 2020-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.