dealflow
envelope $200M

← Targets

Wagner Community Memorial Hospital

Wagner, Charles Mix County, SD · CCN 431315
Licensed to Wagner Community Memorial Hospital

Composite
30.7
rank score
Distress
38
FY2024
Fit
34
vs thesis
Estimated ticket
$1.3M–$2.5M
15 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • under 30 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$17.4M
Operating margin 3.3%
Total margin 11.0%
Days cash on hand 12
Current ratio 3.12
Occupancy24%

Facility

Beds15
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 20 $12.2M $5.3M -7.6% 28.6% 17 4.02 12% 144 53
2022 20 $12.6M $26.0K -0.1% 0.2% 29 3.60 16% 176 50
2023 20 $14.2M $737K -1.5% 4.9% 19 4.92 14% 139 47
2024 15 $17.4M $2.1M 3.3% 11.0% 12 3.12 24% 142 38

Owners

OwnerRole%SinceType
Brittany Barron operational/managerial control 100 2026-01
Bernadette Koupal w-2 managing employee 1985-05
Beverly Jahn w-2 managing employee 2007-03
Brittany Barron corporate officer 2026-01
Brittany Barron w-2 managing employee 2026-01
Chad Peters corporate officer 2013-09
Joshua Christensen corporate officer 2024-05
Joshua Christensen w-2 managing employee 2024-05
Julie Wiechmann w-2 managing employee 1984-10
Karen Soulek corporate director 2013-09
Lisa Weisser w-2 managing employee 1984-08
Marcia Podzimek w-2 managing employee 1981-02
Michele Juffer corporate director 2024-09
Rachel Woods corporate director 2016-09
Scott Honomichl w-2 managing employee 2002-11

Ownership changes

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