Linton Hospital
Linton, Emmons County, ND
· CCN 351328
Licensed to Linton Hospital
Composite
34.8
rank score
Distress
47
FY2023
Fit
34
vs thesis
Estimated ticket
$1.2M–$2.4M
14 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- 90-150 days cash on hand
- occupancy below 30%
- margin deteriorating sharply
- 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 | $9.1M |
| Operating margin | -22.0% |
| Total margin | 4.4% |
| Days cash on hand | 120 |
| Current ratio | 4.76 |
| Occupancy | 15% |
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 | $7.9M | $2.1M | -16.3% | 18.8% | 234 | 8.91 | 12% | 89 | 37 |
| 2022 | 14 | $8.5M | $721K | -26.2% | 6.3% | 128 | 3.57 | 7% | 70 | 41 |
| 2023 | 14 | $9.1M | $504K | -22.0% | 4.4% | 120 | 4.76 | 15% | 125 | 47 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brian Schumacher | corporate director | 2007-07 | ||
| Laura Jochim | corporate director | 2015-11 | ||
| Lukas Fischer | corporate officer | 2022-01 | ||
| Peter Silbernagel | corporate director | 2021-04 | ||
| Sandra Meidinger | corporate director | 2018-11 | ||
| Sherry Gefre | w-2 managing employee | 2022-01 | ||
| Sue Meidinger | corporate officer | 2022-01 | ||
| Temree Appert | corporate director | 2014-07 | ||
| Timothy Volk | corporate director | 2021-03 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.