dealflow
envelope $200M

← Targets

Monument Health Lead-Deadwood Hospit

dba Monument Health Lead-Deadwood Hospital · Deadwood, Lawrence County, SD · CCN 431320
Licensed to Monument Health Network Inc

Composite
27.6
rank score
Distress
28
FY2024
Fit
38
vs thesis
Estimated ticket
$1.5M–$3.1M
18 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin negative
  • current ratio under 1.5
  • occupancy 30-45%
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$17.5M
Operating margin -4.5%
Total margin 2.8%
Days cash on hand
Current ratio 1.43
Occupancy39%

Facility

Beds18
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 18 $16.9M $-175K -9.8% -1.0% 2 1.52 46% 171 62
2022 18 $18.3M $454K -8.0% 2.2% 0 0.57 48% 233 68
2023 18 $20.2M $1.3M -0.6% 5.9% 7 1.98 44% 165 54
2024 18 $17.5M $533K -4.5% 2.8% 1.43 39% 212 28

Owners

OwnerRole%SinceType
Monument Health Inc
Rapid City, SD
operational/managerial control 100 2005-07
Ruta Davidson corporate officer 100 2018-08
Ruta Davidson w-2 managing employee 100 2018-08
Ruta Davidson operational/managerial control 100 2018-08
Mark Schmidt corporate officer 75 2017-06
Thomas Worsley operational/managerial control 75 2018-07
Austin Willuweit w-2 managing employee 50 2016-05
Austin Willuweit operational/managerial control 50 2025-03
Mark Schmidt w-2 managing employee 25 2015-06
Mark Schmidt operational/managerial control 25 2015-06
Austin Willuweit corporate officer 2025-03
Dan Leikvold corporate director 2020-07
Heather Brewer corporate director 2020-07
Jason Knudson corporate director 2021-07
Kathryn Johnson corporate director 2020-07
Kenneth Meirose corporate director 2021-08
Ruta Davidson corporate director 2018-08
Scott Sabers corporate director 2021-01
Steven Williams corporate director 2019-10
Thomas Worsley corporate director 2018-07

Ownership changes

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