Community Memorial Hospital
dba Froedtert Menomonee Falls Hospital ·
Menomonee Falls, Waukesha County, WI
· CCN 520103
Licensed to Community Memorial Hospital Of Menomonee Falls Inc
Composite
60.5
rank score
Distress
65
FY2024
Fit
78
vs thesis
Estimated ticket
$54.0M–$216M
127 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin below -8%
- under 30 days cash on hand
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $266M |
| Operating margin | -5.9% |
| Total margin | -9.9% |
| Days cash on hand | 0 |
| Current ratio | 3.19 |
| Occupancy | 63% |
Facility
| Beds | 127 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 186 | $243M | $5.5M | -5.2% | 2.1% | 0 | 1.23 | 46% | 8,171 | 50 |
| 2022 | 186 | $249M | $-36.5M | -10.1% | -15.4% | 0 | 2.20 | 52% | 8,161 | 69 |
| 2023 | 186 | $239M | $-32.5M | -17.7% | -13.0% | 0 | 2.78 | 48% | 7,665 | 69 |
| 2024 | 127 | $266M | $-25.3M | -5.9% | -9.9% | 0 | 3.19 | 63% | 7,918 | 65 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Froedtert Thedacare Health, Inc. | 5% or greater direct ownership interest | 100 | 2008-11 | |
| Amanda Gonring | corporate director | 2026-02 | ||
| Bao Lee | corporate director | 2025-07 | ||
| Bryant Vancronkhite | corporate director | 2025-07 | ||
| Bryce Gartland | corporate director | 2025-02 | ||
| Christopher Rechlicz | corporate director | 2021-07 | ||
| Christopher Wolfla | corporate director | 2024-10 | ||
| Cindy Simmons | corporate director | 2020-07 | ||
| Cristino Canga | corporate director | 2022-10 | ||
| David Woloszyk | corporate director | 2017-07 | ||
| Fredrick Rosser | corporate director | 2023-07 | ||
| Froedtert Thedacare Health, Inc. | operational/managerial control | 2008-02 | ||
| Mary Benedum | corporate director | 2018-07 | ||
| Matthew Partridge | corporate officer | 2025-12 | ||
| Michael Degere | corporate director | 2023-07 | ||
| Payal Shah | corporate director | 2021-07 | ||
| Ryan Burch | corporate director | 2018-02 | ||
| Samuel Sova | corporate director | 2022-07 | ||
| Shelly Waala | corporate director | 2017-01 | ||
| Teresa Lux | corporate director | 2008-02 | ||
| Teresa Lux | w-2 managing employee | 2008-02 | ||
| Teresa Lux | operational/managerial control | 2008-02 | ||
| Tracy Haas | corporate director | 2024-11 | ||
| William Stone | corporate director | 2024-07 |
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 |