Same Day Surgery Center
Rapid City, Pennington County, SD
· CCN 430093
Licensed to Same Day Surgery Center Llc
Composite
28.4
rank score
Distress
23
FY2024
Fit
45
vs thesis
Estimated ticket
$3.0M–$12.0M
6 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 60-90 days cash on hand
- occupancy below 30%
- margin deteriorating
- urban — higher occupancy and iteration surface
- 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 · FY2024
| Net patient revenue | $18.2M |
| Operating margin | 35.3% |
| Total margin | 35.5% |
| Days cash on hand | 75 |
| Current ratio | 5.32 |
| Occupancy | 3% |
Facility
| Beds | 6 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 6 | $16.1M | $7.6M | 29.6% | 40.0% | 26 | 4.14 | 8% | 79 | 31 |
| 2022 | 6 | $16.4M | $4.8M | 28.9% | 29.1% | 62 | 6.27 | 12% | 139 | 19 |
| 2023 | 6 | $16.4M | $4.7M | 29.0% | 29.0% | 63 | 3.66 | 7% | 139 | 19 |
| 2024 | 6 | $18.2M | $6.5M | 35.3% | 35.5% | 75 | 5.32 | 3% | 36 | 23 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Monument Health Rapid City Hospital Inc | 5% or greater mortgage interest | 100 | 2001-07 | |
| Rapid City Ambulatory Surgery Llc | 5% or greater direct ownership interest | 60 | 2001-07 | |
| Monument Health Rapid City Hospital Inc | 5% or greater direct ownership interest | 40 | 1997-11 | |
| Beth Nelson | corporate director | 15 | 2025-01 | |
| E Blickensderfer | 5% or greater indirect ownership interest | 12 | 2001-07 | |
| West River Anesthesiology Consultants Pc | 5% or greater indirect ownership interest | 12 | 2001-07 | |
| Wesley Sufficool | 5% or greater indirect ownership interest | 11 | 2019-05 | |
| Austin Willuweit | corporate officer | 10 | 2018-04 | |
| David Ellenbecker | corporate officer | 10 | 2022-09 | |
| Michael Tilles | corporate officer | 10 | 2024-07 | |
| Steven Maser | corporate officer | 10 | 2022-10 | |
| Brent Bradley | corporate officer | 7 | 2025-01 | |
| E Blickensderfer | corporate officer | 7 | 2024-01 | |
| Heather Moline | corporate officer | 7 | 2021-01 | |
| Katherine Whaley | corporate officer | 7 | 2025-01 | |
| Troy Howard | corporate officer | 7 | 2026-01 | |
| Wesley Sufficool | corporate officer | 7 | 2023-01 | |
| Wesley Sufficool | 5% or greater direct ownership interest | 7 | 2019-04 | |
| Wesley Sufficool | limited partnership interest | 7 | 2019-04 | |
| Katherine Degen | 5% or greater direct ownership interest | 6 | 2025-01 | |
| Troy Howard | limited partnership interest | 4 | 2017-01 | |
| Amy Hartshorn | w-2 managing employee | 3 | 2008-09 | |
| Katherine Whaley | limited partnership interest | 1 | 2019-01 | |
| Brent Bradley | limited partnership interest | 0 | 2011-01 | |
| Heather Moline | limited partnership interest | 0 | 2024-04 |
Showing 25 of 26. Full list via /api/targets/430093.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.