dealflow
envelope $200M

← Targets

Avera Gregory Hospital

Gregory, Gregory County, SD · CCN 431338
Licensed to Avera Mckennan

Composite
53.5
rank score
Distress
85
FY2024
Fit
38
vs thesis
Estimated ticket
$774K–$1.5M
13 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • under 30 days cash on hand
  • current ratio under 1.5
  • debt above 85% of assets
  • occupancy 30-45%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$21.2M
Operating margin -19.1%
Total margin -8.1%
Days cash on hand 0
Current ratio 1.30
Occupancy33%

Facility

Beds13
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $59.5K
Per-bed (high) $119K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 25 $18.1M $587K -5.5% 3.0% 1 9.87 20% 352 53
2022 25 $17.5M $-1.0M -16.7% -5.3% 0 5.82 19% 296 71
2023 13 $17.5M $-2.0M -23.5% -10.3% 1 4.00 32% 258 80
2024 13 $21.2M $-1.9M -19.1% -8.1% 0 1.30 33% 270 85

Owners

OwnerRole%SinceType
Avera Health
Sioux Falls, SD
5% or greater direct ownership interest 100 1992-06
Alisa Reindl corporate director 2021-07
Amanda Schutz corporate officer 2018-06
Anthony Timanus w-2 managing employee 2014-01
Avera Health
Sioux Falls, SD
operational/managerial control 1992-06
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
Jamie Sachtjen w-2 managing employee 2009-12
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 2018-07
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 2025-07
Tamera Sturm corporate director 2025-07
Tammy Graesser w-2 managing employee 2007-02

Showing 25 of 26. Full list via /api/targets/431338.

Ownership changes

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