dealflow
envelope $200M

← Targets

Sacred Heart Hospital

Eau Claire, Eau Claire County, WI · CCN 520013

Composite
57.4
rank score
Distress
75
FY2024
Fit
59
vs thesis
Estimated ticket
$10.9M–$21.8M
156 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • under 30 days cash on hand
  • current ratio under 1.5
  • occupancy 45-60%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • bed count in the target band
  • small ticket — deploys little of the available capital
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$138M
Operating margin -82.4%
Total margin -75.6%
Days cash on hand 14
Current ratio 1.17
Occupancy47%

Facility

Beds156
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $70.0K
Per-bed (high) $140K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 168 $238M $122M 8.5% 53.4% 4 1.02 52% 6,417 28
2022 168 $242M $-61.7M 3.2% -30.2% 2 0.99 54% 6,181 50
2023 156 $208M $18.1M -12.2% 7.2% 11 2.06 54% 6,381 52
2024 156 $138M $-108M -82.4% -75.6% 14 1.17 47% 5,313 75

Owners

No ownership records — CMS has no owner filings mapped to this CCN.

Ownership changes

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

Who has been buying in WI

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2022-04-01 Columbia St Marys Hospital Milwaukee Inc Columbia St Mary's Hospital Ozaukee, Inc. Ascension Columbia St Marys Milwauke 374
2018-06-01 Ascension Se Wisconsin Hospital Inc Wheaton Franciscan Healthcare -... Ascension Se Wisconsin Hospital Inc 301