St. Michaels Hospital Inc.
Tyndall, Bon Homme County, SD
· CCN 431327
Licensed to St Michael's Hospital, Inc.
Composite
34.0
rank score
Distress
39
FY2024
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin below -10%
- occupancy below 30%
- margin deteriorating
- 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 · FY2024
| Net patient revenue | $10.5M |
| Operating margin | -26.7% |
| Total margin | 13.2% |
| Days cash on hand | 288 |
| Current ratio | 17.82 |
| Occupancy | 12% |
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 | $8.2M | $2.1M | -25.2% | 17.1% | 414 | 2.60 | 12% | 65 | 37 |
| 2022 | 25 | $9.8M | $987K | -16.3% | 8.0% | 371 | 20.15 | 14% | 85 | 37 |
| 2023 | 25 | $10.3M | $1.4M | -25.0% | 9.8% | 291 | 19.17 | 12% | 90 | 37 |
| 2024 | 25 | $10.5M | $2.0M | -26.7% | 13.2% | 288 | 17.82 | 12% | 110 | 39 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ashli Danilko | corporate officer | 100 | 2020-09 | |
| St Michael's Hospital, Inc. | 5% or greater direct ownership interest | 100 | 1966-01 | |
| Austin Koch | corporate director | 2020-12 | ||
| Benjamin Hellmann | corporate director | 2023-01 | ||
| Connie Tjeerdsma | corporate director | 2020-12 | ||
| James Torsney | corporate director | 2021-12 | ||
| Joseph Forcelle | corporate director | 2011-11 | ||
| Laurie Jurrens | corporate director | 2016-11 | ||
| Lisa Ronke | w-2 managing employee | 2012-03 | ||
| Sacred Heart Health Services | operational/managerial control | 2001-03 | ||
| Steven Green | corporate director | 2025-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.