Huron Regional Medical Center
Huron, Beadle County, SD
· CCN 431335
Licensed to Huron Regional Medical Center Inc
Composite
33.8
rank score
Distress
35
FY2024
Fit
45
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin -10% to -5%
- occupancy 30-45%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $50.6M |
| Operating margin | -6.8% |
| Total margin | 2.5% |
| Days cash on hand | 476 |
| Current ratio | 12.52 |
| Occupancy | 42% |
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 | $40.6M | $5.6M | -10.0% | 11.2% | 655 | 7.14 | 46% | 864 | 30 |
| 2022 | 25 | $48.6M | $6.7M | -2.8% | 11.8% | 501 | 9.65 | 48% | 956 | 18 |
| 2023 | 25 | $49.4M | $1.6M | -5.9% | 3.0% | 466 | 14.54 | 41% | 923 | 28 |
| 2024 | 25 | $50.6M | $1.4M | -6.8% | 2.5% | 476 | 12.52 | 42% | 950 | 35 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Angie Uttecht | corporate director | 2025-07 | ||
| Anthony Loewen | corporate director | 2025-07 | ||
| Denis Drake | corporate director | 2020-01 | ||
| Doug Stahly | corporate director | 2025-07 | ||
| Erick Larson | contracted managing employee | 2020-08 | ||
| Jake Lindgren | corporate director | 2025-07 | ||
| Kevin Hofer | corporate director | 2025-07 | ||
| Laura Willemssen | corporate director | 2018-07 | ||
| Laurie Shelton | corporate director | 2025-07 | ||
| Laurie Solem | corporate director | 2020-01 | ||
| Laurie Solem | other | 2020-01 | ||
| Robert Hohm | corporate director | 2023-07 | ||
| Sean Schooley | corporate director | 2025-07 | ||
| Wayne Carr | corporate director | 2023-07 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.