Sanford Usd Medical Center
Sioux Falls, Minnehaha County, SD
· CCN 430027
Licensed to Sanford Medical Center
Composite
33.0
rank score
Distress
20
FY2023
Fit
60
vs thesis
Estimated ticket
$45.2M–$90.4M
452 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin under 2%
- margin deteriorating sharply
- rural — cheaper but limited density
- very large — likely out of range
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $1.4B |
| Operating margin | 0.0% |
| Total margin | 9.9% |
| Days cash on hand | — |
| Current ratio | 3.32 |
| Occupancy | 69% |
Facility
| Beds | 452 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 452 | $1.0B | $194M | -2.9% | 15.0% | 0 | 6.45 | 65% | 21,656 | 38 |
| 2021 | 452 | $1.2B | $196M | 1.0% | 13.8% | 0 | 7.60 | 71% | 26,473 | 29 |
| 2022 | 452 | $1.2B | $109M | -3.8% | 7.8% | 0 | 7.64 | 66% | 24,133 | 38 |
| 2023 | 452 | $1.4B | $155M | 0.0% | 9.9% | — | 3.32 | 69% | 24,681 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Sanford | 5% or greater indirect ownership interest | 100 | 2009-11 | |
| Sanford Health | 5% or greater direct ownership interest | 100 | 2007-01 | |
| Andrew Munce | w-2 managing employee | 2020-03 | ||
| Andrew North | corporate officer | 2015-12 | ||
| Andrew North | corporate director | 2015-12 | ||
| Brent Teiken | corporate director | 2012-07 | ||
| Dana Dykhouse | corporate director | 2024-01 | ||
| David Shulkin | corporate director | 2024-01 | ||
| Eric Vanden Hull | w-2 managing employee | 2020-09 | ||
| George Brown | corporate officer | 2025-01 | ||
| George Brown | corporate director | 2025-01 | ||
| James Cain | corporate officer | 2015-11 | ||
| James Cain | corporate director | 2015-11 | ||
| Kevin Schieffer | corporate director | 2025-01 | ||
| Lauris Molbert | corporate director | 2021-01 | ||
| Mark Lundeen | corporate director | 2014-12 | ||
| Marnie Ventling-Herrmann | corporate director | 2022-01 | ||
| Maureen Mccausland | corporate director | 2025-01 | ||
| Michael Wilde | w-2 managing employee | 2024-05 | ||
| Neil Gulsvig | corporate director | 2019-03 | ||
| Nicholas Olson | w-2 managing employee | 2024-04 | ||
| Paul Hanson | corporate director | 2013-07 | ||
| Paul Hanson | w-2 managing employee | 2013-07 | ||
| Stephanie Herseth Sandlin | corporate director | 2024-01 | ||
| Thomas Wenzel | corporate director | 2025-01 |
Showing 25 of 29. Full list via /api/targets/430027.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.