Sauk Prairie Memorial Hospital
Prairie Du Sac, Sauk County, WI
· CCN 520095
Licensed to Sauk Prairie Healthcare Inc
Composite
32.9
rank score
Distress
18
FY2023
Fit
62
vs thesis
Estimated ticket
$18.0M–$72.0M
36 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin under 2%
- 90-150 days cash on hand
- occupancy below 30%
- urban — higher occupancy and iteration surface
- small but workable bed count
- ticket size somewhat below the envelope
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $119M |
| Operating margin | 0.5% |
| Total margin | 5.8% |
| Days cash on hand | 118 |
| Current ratio | 3.63 |
| Occupancy | 30% |
Facility
| Beds | 36 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 36 | $85.3M | $3.1M | -7.7% | 3.2% | 164 | 4.55 | 28% | 1,580 | 31 |
| 2021 | 36 | $98.8M | $7.1M | 0.7% | 6.7% | 170 | 4.19 | 32% | 1,554 | 12 |
| 2022 | 36 | $109M | $-3.0M | -0.1% | -2.8% | 124 | 3.91 | 31% | 1,481 | 33 |
| 2023 | 36 | $119M | $7.2M | 0.5% | 5.8% | 118 | 3.63 | 30% | 1,097 | 18 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Andrea Wyttenbach Gavot | corporate director | 2020-04 | ||
| Brian Gorman | corporate director | 2021-04 | ||
| James Dregney | w-2 managing employee | 2016-06 | ||
| James Dregney | operational/managerial control | 2016-06 | ||
| Jeffrey Wright | corporate director | 2020-04 | ||
| Kari Apel | corporate director | 2021-04 | ||
| Ryan Kraemer | corporate director | 2018-04 | ||
| Sara Shackleton | corporate director | 2022-04 | ||
| Shawn Lerch | corporate officer | 2017-06 | ||
| Thomas Schwartz | corporate officer | 2005-05 | ||
| Thomas Schwartz | corporate director | 2005-05 | ||
| Timothy Homar | corporate director | 2020-04 | ||
| Todd Schad | corporate officer | 2013-04 | ||
| Todd Schad | corporate director | 2013-04 | ||
| William Dalrymple | corporate director | 2022-04 |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |