Eureka Community Health Services
Eureka, Mc Pherson County, SD
· CCN 431308
Licensed to Eureka Community & Benevolent Hospital
Composite
37.0
rank score
Distress
52
FY2024
Fit
34
vs thesis
Estimated ticket
$289K–$578K
4 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- 60-90 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 · FY2024
| Net patient revenue | $4.8M |
| Operating margin | -13.3% |
| Total margin | 6.4% |
| Days cash on hand | 69 |
| Current ratio | 3.18 |
| Occupancy | 21% |
Facility
| Beds | 4 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $72.2K |
| Per-bed (high) | $144K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 4 | $3.9M | $1.9M | -13.8% | 30.5% | 232 | 2.93 | 29% | 52 | 37 |
| 2022 | 4 | $4.3M | $-310K | -10.5% | -7.1% | 47 | 1.83 | 23% | 54 | 66 |
| 2023 | 4 | $4.2M | $-655K | -20.6% | -14.7% | 35 | 2.88 | 20% | 57 | 70 |
| 2024 | 4 | $4.8M | $378K | -13.3% | 6.4% | 69 | 3.18 | 21% | 53 | 52 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Carmen Weber | operational/managerial control | 50 | 2013-07 | |
| Avera St Lukes | operational/managerial control | 25 | 1996-08 | |
| Eureka Community & Benevolent Hospital | 5% or greater direct ownership interest | 25 | 1996-08 | |
| George Hulscher | corporate director | 2009-08 | ||
| Joyce Schwingler | contracted managing employee | 1996-09 | ||
| Kathryn Gab | corporate director | 2009-07 | ||
| Keith Kramlich | corporate director | 2010-01 | ||
| Patricia Grenz | corporate director | 2010-01 | ||
| Staci Ackerman | corporate director | 2022-11 | ||
| Stephanie Raile | w-2 managing employee | 2016-08 | ||
| Wanda Jundt | corporate director | 2010-01 | ||
| Wayne Lutz | corporate director | 2010-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.