dealflow
envelope $200M

← Targets

Jamestown Regional Medical Center

Jamestown, Stutsman County, ND · CCN 351335
Licensed to Lutheran Charity Association

Composite
32.9
rank score
Distress
33
FY2024
Fit
45
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin negative
  • 90-150 days cash on hand
  • occupancy 30-45%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$80.4M
Operating margin -0.0%
Total margin 3.8%
Days cash on hand 92
Current ratio 2.68
Occupancy42%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 25 $58.0M $11.0M -0.9% 15.8% 106 2.81 36% 962 26
2022 25 $65.0M $-198K -0.4% -0.3% 101 2.97 40% 1,103 33
2023 25 $75.9M $3.0M 1.4% 3.9% 107 2.82 45% 1,183 17
2024 25 $80.4M $3.2M -0.0% 3.8% 92 2.68 42% 1,080 33

Owners

OwnerRole%SinceType
Usda Department Of Agriculture Rural Development
Bismarck, ND
5% or greater mortgage interest 43 2010-03
Compeer Financial
Sun Prairie, WI
5% or greater mortgage interest 21 2010-03
Amanda Thrift corporate director 2022-11
Briana Bohn corporate director 2022-11
Casey Henderson corporate director 2016-03
Clemens Hager corporate officer 2024-11
Derek Schaff corporate officer 2025-10
Derek Schaff w-2 managing employee 2025-10
Holly Utke corporate director 2025-11
Jeremy Rham corporate director 2022-11
Michael Delfs corporate officer 2019-03
Michael Delfs w-2 managing employee 2019-03
Randall Jaspers corporate officer 2019-11
Sean Rinkenberger corporate officer 2024-11
Steven Ottmar corporate director 2019-11
Tania Falk corporate director 2023-11
Timothy Burchill corporate director 2021-03
Trisha Jungels corporate officer 2013-04
Trisha Jungels w-2 managing employee 2013-04

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.