Monument Health Sturgis Regional
dba Monument Health Sturgis Hospital ·
Sturgis, Meade County, SD
· CCN 431321
Licensed to Monument Health Network Inc
Composite
32.4
rank score
Distress
32
FY2024
Fit
45
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- under 30 days cash on hand
- debt above 85% of assets
- occupancy 30-45%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $38.4M |
| Operating margin | 2.3% |
| Total margin | 8.0% |
| Days cash on hand | 0 |
| Current ratio | 1.63 |
| Occupancy | 44% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $31.8M | $-654K | -1.8% | -1.9% | 2 | 1.73 | 54% | 403 | 59 |
| 2022 | 25 | $36.8M | $2.4M | -1.9% | 6.0% | 0 | 0.86 | 49% | 426 | 60 |
| 2023 | 25 | $39.1M | $1.0M | -3.3% | 2.4% | 7 | 2.02 | 46% | 465 | 44 |
| 2024 | 25 | $38.4M | $3.3M | 2.3% | 8.0% | 0 | 1.63 | 44% | 474 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Monument Health Inc | operational/managerial control | 100 | 2005-07 | |
| Ruta Davidson | w-2 managing employee | 100 | 2018-08 | |
| 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 | ||
| Charles Lewis | corporate director | 2022-07 | ||
| 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 | 2021-08 | ||
| Steven Williams | corporate director | 2019-10 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.