dealflow
envelope $200M

← Targets

St. Josephs Hospital

Chippewa Falls, Chippewa County, WI · CCN 520017

Composite
66.9
rank score
Distress
90
FY2024
Fit
66
vs thesis
Estimated ticket
$35.7M–$143M
102 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 below 0.8
  • occupancy below 30%
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • very low occupancy — limited volume to learn from
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$24.3M
Operating margin -131.8%
Total margin -97.0%
Days cash on hand 0
Current ratio 0.65
Occupancy20%

Facility

Beds102
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $350K
Per-bed (high) $1.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 102 $43.7M $41.6M -11.0% 65.2% 16 1.61 28% 1,911 59
2022 102 $45.4M $-6.6M -4.8% -13.8% 17 0.87 28% 1,977 72
2023 102 $44.7M $6.5M -8.1% 14.1% 17 1.40 27% 1,850 57
2024 102 $24.3M $-27.7M -131.8% -97.0% 0 0.65 20% 1,209 90

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