Avera Dells Area Hospital
Dell Rapids, Minnehaha County, SD
· CCN 431331
Licensed to Avera Mckennan
Composite
34.9
rank score
Distress
42
FY2024
Fit
40
vs thesis
Estimated ticket
$2.0M–$3.9M
23 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- under 30 days cash on hand
- current liabilities exceed current assets
- occupancy below 30%
- margin deteriorating
- urban — higher occupancy and iteration surface
- 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 | $13.6M |
| Operating margin | 11.5% |
| Total margin | 27.5% |
| Days cash on hand | 1 |
| Current ratio | 0.86 |
| Occupancy | 9% |
Facility
| Beds | 23 |
| Facility type | CAH |
| Setting | urban |
| 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 | 21 | $12.3M | $4.4M | 23.8% | 31.7% | 570 | 7.75 | 16% | 155 | 9 |
| 2022 | 23 | $12.1M | $2.4M | 14.5% | 19.0% | 609 | 5.95 | 12% | 119 | 9 |
| 2023 | 23 | $12.2M | $3.3M | 14.7% | 23.9% | 691 | 49.91 | 9% | 106 | 9 |
| 2024 | 23 | $13.6M | $4.6M | 11.5% | 27.5% | 1 | 0.86 | 9% | 133 | 42 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Avera Health | 5% or greater direct ownership interest | 100 | 2003-07 | |
| Alisa Reindl | corporate director | 2021-07 | ||
| Amanda Schutz | corporate officer | 2018-06 | ||
| Avera Health | operational/managerial control | 2003-07 | ||
| Benjamin Solomon | corporate director | 2022-07 | ||
| Candyce Chrystal | corporate director | 2023-07 | ||
| Cristina Hill Jensen | corporate director | 2018-07 | ||
| Harriet Yocum | corporate director | 2021-07 | ||
| Jawad Nazir | corporate director | 2020-07 | ||
| Jennifer Bunkers | corporate director | 2021-07 | ||
| Jennifer Kirby | corporate director | 2020-07 | ||
| Joseph Costello | corporate director | 2017-07 | ||
| Julie Lautt | corporate officer | 2020-03 | ||
| Lucille Welbig | corporate director | 2016-07 | ||
| Mary Curran | corporate director | 2017-07 | ||
| Randy Knecht | corporate director | 2018-07 | ||
| Ronald Place | corporate officer | 2023-06 | ||
| Ronald Place | operational/managerial control | 2023-06 | ||
| Roxanne Seifert | corporate director | 2022-07 | ||
| Ryan Boschee | corporate director | 2025-07 | ||
| Sanaa Abourezk | corporate director | 2024-07 | ||
| Tamera Sturm | corporate director | 2025-07 | ||
| Van Fishback | corporate director | 2018-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.