dealflow
envelope $200M

← Targets

Avera St. Benedict Health Center

Parkston, Hutchinson County, SD · CCN 431330
Licensed to St Benedict Health Center

Composite
30.4
rank score
Distress
31
FY2024
Fit
41
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
  • occupancy below 30%
  • margin slipping
  • 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$29.1M
Operating margin 14.4%
Total margin 34.9%
Days cash on hand 0
Current ratio 2.19
Occupancy28%

Facility

Beds25
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 25 $25.4M $13.2M 9.3% 36.3% 9 1.10 30% 466 34
2022 25 $26.6M $-823K 12.9% -3.7% 6 1.36 27% 419 47
2023 25 $27.3M $10.1M 15.0% 30.3% 5 2.34 27% 394 31
2024 25 $29.1M $13.4M 14.4% 34.9% 0 2.19 28% 370 31

Owners

OwnerRole%SinceType
Amanda Schutz corporate officer 2018-06
Antoinette Vanderpol corporate director 2019-07
Avera Health
Sioux Falls, SD
5% or greater direct ownership interest 2000-07
Avera Health
Sioux Falls, SD
operational/managerial control 2000-07
Barbara Weidenbach corporate director 2019-07
Bobby Sutton corporate director 2018-06
Denette Leifeld corporate director 2020-07
Julie Lautt corporate officer 2020-03
Lindsay Weber corporate officer 2022-09
Lindsay Weber operational/managerial control 2022-09
Pat Reiner corporate director 2019-07
Patricia Leischner corporate director 2019-07
Patricia Prunty corporate director 2019-07
Patrick Mccann corporate director 2021-07
Richard Boettcher corporate director 2019-07
Robert Just corporate director 2019-07

Ownership changes

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