Sanford Chamberlain Medical Center
Chamberlain, Brule County, SD
· CCN 431329
Licensed to Sanford Health Network
Composite
35.3
rank score
Distress
42
FY2023
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin negative
- under 30 days cash on hand
- occupancy below 30%
- 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 · FY2023
| Net patient revenue | $25.5M |
| Operating margin | -0.5% |
| Total margin | 8.3% |
| Days cash on hand | 1 |
| Current ratio | 2.51 |
| Occupancy | 22% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $21.1M | $1.1M | -2.3% | 4.9% | 5 | 5.73 | 24% | 362 | 47 |
| 2021 | 25 | $23.1M | $1.1M | -3.6% | 4.4% | 3 | 133.47 | 21% | 304 | 47 |
| 2022 | 25 | $23.6M | $-830K | -11.3% | -3.3% | 1 | 11.05 | 21% | 300 | 71 |
| 2023 | 25 | $25.5M | $2.3M | -0.5% | 8.3% | 1 | 2.51 | 22% | 307 | 42 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Sanford | 5% or greater indirect ownership interest | 100 | 2009-11 | |
| Sanford Health | 5% or greater direct ownership interest | 100 | 2007-08 | |
| Andrew North | corporate director | 2016-12 | ||
| Brent Teiken | corporate director | 2014-12 | ||
| Donald Jacobs | corporate director | 2014-12 | ||
| James Cain | corporate director | 2015-11 | ||
| Jolyn Munson | w-2 managing employee | 2013-02 | ||
| Karin Dulski | w-2 managing employee | 2012-11 | ||
| Lauris Molbert | corporate director | 2021-01 | ||
| Mark Lundeen | corporate director | 2014-12 | ||
| Marnie Ventling-Herrmann | corporate director | 2022-01 | ||
| Neil Gulsvig | corporate director | 2019-03 | ||
| Stephanie Swenson | w-2 managing employee | 2019-11 | ||
| Tony Morrison | corporate officer | 2019-08 | ||
| Tony Morrison | w-2 managing employee | 1991-02 | ||
| Wesley Engbrecht | corporate director | 2021-01 | ||
| William Gassen | corporate officer | 2020-11 | ||
| William Gassen | corporate director | 2020-11 | ||
| William Gassen | w-2 managing employee | 2020-11 | ||
| William Marlette | corporate officer | 2023-06 | ||
| William Marlette | w-2 managing employee | 2023-06 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.