dealflow
envelope $200M

← Targets

Avera Weskota Memorial Medical Cente

dba Avera Weskota Memorial Medical Center · Wessington Springs, Jerauld County, SD · CCN 431324
Licensed to Avera Queen Of Peace

Composite
26.2
rank score
Distress
28
FY2024
Fit
34
vs thesis
Estimated ticket
$1.4M–$2.7M
16 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • under 30 days cash on hand
  • occupancy below 30%
  • 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$5.5M
Operating margin 13.2%
Total margin 14.4%
Days cash on hand 0
Current ratio 66.75
Occupancy8%

Facility

Beds16
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 16 $5.0M $740K 9.7% 14.0% 0 5.24 9% 73 31
2022 16 $5.2M $554K 7.5% 10.3% 0 -14.77 10% 60 44
2023 16 $5.4M $774K 13.0% 14.1% 0 130.38 10% 103 31
2024 16 $5.5M $798K 13.2% 14.4% 0 66.75 8% 84 28

Owners

OwnerRole%SinceType
Avera Health
Sioux Falls, SD
5% or greater direct ownership interest 100 2000-06
Amanda Schutz corporate officer 2018-06
Avera Health
Sioux Falls, SD
operational/managerial control 2000-06
Brad Zomer corporate director 2018-07
Darlene Bergeleen corporate director 2022-07
Diane Sandhoff corporate director 2023-07
Fredel Thomas corporate director 2024-07
Hilary Rockwell corporate officer 2023-07
Hilary Rockwell operational/managerial control 2023-07
James Dover corporate officer 2023-10
Jennifer Tegethoff corporate director 2022-07
Jessica Claussen corporate director 2022-07
Joyce Feteral corporate director 2024-07
Julie Lautt corporate officer 2020-03
Mark Hunhoff corporate director 2019-07
Mark Puetz corporate director 2023-07
Nicole Stahle corporate director 2023-07
Ryan Thompson corporate director 2018-07
Trevor Dierks corporate director 2023-07
Vicky Larson corporate director 2024-07

Ownership changes

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