Sanford Medical Center Canton
dba Sanford Canton Inwood Medical Center ·
Canton, Lincoln County, SD
· CCN 431333
Licensed to Sanford Health Network
Composite
20.4
rank score
Distress
6
FY2023
Fit
44
vs thesis
Estimated ticket
$935K–$1.9M
11 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- occupancy 30-45%
- urban — higher occupancy and iteration surface
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $14.0M |
| Operating margin | 2.9% |
| Total margin | 13.0% |
| Days cash on hand | — |
| Current ratio | 6.09 |
| Occupancy | 34% |
Facility
| Beds | 11 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 11 | $10.8M | $1.2M | -1.2% | 9.7% | 0 | -11.89 | 33% | 109 | 57 |
| 2021 | 11 | $12.0M | $1.4M | 1.7% | 10.4% | 0 | -3.12 | 23% | 97 | 51 |
| 2022 | 11 | $13.3M | $1.3M | 0.2% | 9.1% | 0 | 10.83 | 28% | 87 | 38 |
| 2023 | 11 | $14.0M | $2.0M | 2.9% | 13.0% | — | 6.09 | 34% | 82 | 6 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Sanford | 5% or greater indirect ownership interest | 100 | 2009-11 | |
| Sanford Health | 5% or greater direct ownership interest | 100 | 2008-07 | |
| Andrew North | corporate officer | 2015-12 | ||
| Andrew North | corporate director | 2015-12 | ||
| Brent Teiken | corporate director | 2014-12 | ||
| Dana Dykhouse | corporate director | 2024-01 | ||
| David Shulkin | corporate director | 2024-01 | ||
| Eric Vanden Hull | w-2 managing employee | 2022-09 | ||
| George Brown | corporate officer | 2025-01 | ||
| George Brown | corporate director | 2025-01 | ||
| Jolyn Munson | w-2 managing employee | 2025-04 | ||
| Jon Pociask | corporate officer | 2025-08 | ||
| Jon Pociask | w-2 managing employee | 2025-08 | ||
| Kevin Schieffer | corporate director | 2025-01 | ||
| Lauris Molbert | corporate director | 2021-01 | ||
| Mark Lundeen | corporate director | 2014-12 | ||
| Marnie Ventling-Herrmann | corporate director | 2022-01 | ||
| Maureen Mccausland | corporate director | 2025-01 | ||
| Michael Wilde | w-2 managing employee | 2024-05 | ||
| Neil Gulsvig | corporate director | 2019-03 | ||
| Nicholas Olson | w-2 managing employee | 2024-04 | ||
| Stephanie Herseth Sandlin | corporate director | 2024-01 | ||
| Thomas Wenzel | corporate director | 2025-01 | ||
| Tony Morrison | w-2 managing employee | 2020-01 | ||
| Wesley Engbrecht | corporate director | 2021-01 |
Showing 25 of 27. Full list via /api/targets/431333.
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.