Sanford Hospital Webster
dba Sanford Webster Medical Center ·
Webster, Day County, SD
· CCN 431311
Licensed to Sanford Health Network
Composite
20.9
rank score
Distress
10
FY2023
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- occupancy below 30%
- rural — cheaper but limited density
- small but workable bed count
- 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 | $11.4M |
| Operating margin | 8.2% |
| Total margin | 18.2% |
| Days cash on hand | — |
| Current ratio | 15.81 |
| Occupancy | 10% |
Facility
| Beds | 25 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $8.8M | $1.5M | 9.7% | 15.6% | 0 | -50.64 | 10% | 100 | 44 |
| 2021 | 25 | $10.4M | $2.1M | 15.6% | 19.4% | 0 | 3.02 | 13% | 112 | 31 |
| 2022 | 25 | $10.6M | $1.4M | 10.7% | 13.2% | 0 | 25.84 | 12% | 110 | 31 |
| 2023 | 25 | $11.4M | $2.3M | 8.2% | 18.2% | — | 15.81 | 10% | 121 | 10 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Sanford | 5% or greater indirect ownership interest | 100 | 2010-07 | |
| Sanford Health | 5% or greater direct ownership interest | 100 | 2007-08 | |
| Andrew North | corporate director | 2016-12 | ||
| Brent Teiken | corporate director | 2014-12 | ||
| Dana Dykhouse | corporate director | 2024-01 | ||
| David Shulkin | corporate director | 2024-01 | ||
| Eric Hilmoe | corporate officer | 2017-05 | ||
| Eric Hilmoe | w-2 managing employee | 2017-05 | ||
| Eric Vanden Hull | w-2 managing employee | 2022-09 | ||
| George Brown | corporate officer | 2025-01 | ||
| George Brown | corporate director | 2025-01 | ||
| Kevin Schieffer | corporate director | 2025-01 | ||
| Lauris Molbert | corporate director | 2021-01 | ||
| Mark Lundeen | corporate director | 2011-12 | ||
| 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 | corporate officer | 2024-04 | ||
| Nicholas Olson | w-2 managing employee | 2024-04 | ||
| Stephanie Herseth Sandlin | corporate director | 2024-01 | ||
| Thomas Wenzel | corporate director | 2025-01 | ||
| Tony Morrison | corporate officer | 2019-08 | ||
| Tony Morrison | w-2 managing employee | 1991-02 | ||
| Wesley Engbrecht | corporate director | 2021-01 |
Showing 25 of 28. Full list via /api/targets/431311.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.