Ascension Se Wisconsin Hospital Inc
dba Ascension Se Wisconsin Hospital ·
Milwaukee, Milwaukee County, WI
· CCN 520136
Licensed to Ascension Se Wisconsin Hospital Inc
Composite
45.5
rank score
Distress
46
FY2024
Fit
62
vs thesis
Estimated ticket
$150M–$602M
301 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio under 1.5
- occupancy 45-60%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size well above the envelope
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $376M |
| Operating margin | 5.2% |
| Total margin | -5.2% |
| Days cash on hand | 1 |
| Current ratio | 1.17 |
| Occupancy | 47% |
Facility
| Beds | 301 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 314 | $402M | $66.3M | 9.0% | 15.4% | 0 | 0.97 | 50% | 11,183 | 33 |
| 2022 | 300 | $399M | $21.8M | 3.7% | 5.4% | 1 | 1.03 | 55% | 10,774 | 28 |
| 2023 | 301 | $377M | $7.6M | 0.8% | 2.0% | 1 | 1.15 | 47% | 9,750 | 38 |
| 2024 | 301 | $376M | $-20.1M | 5.2% | -5.2% | 1 | 1.17 | 47% | 12,130 | 46 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ascension Health | operational/managerial control | 2016-03 | ||
| Bhagath Siripurapu | corporate director | 2024-01 | ||
| Jerry Suriano | corporate director | 2024-01 | ||
| Jonathan Berkoff | corporate director | 2023-07 | ||
| Jonathan Matuszewski | w-2 managing employee | 2023-10 | ||
| Jonathan Matuszewski | operational/managerial control | 2023-10 | ||
| Joseph Regan | corporate director | 2023-07 | ||
| Kaye-Eileen Willard | corporate director | 2020-01 | ||
| Kurt Schley | w-2 managing employee | 2024-01 | ||
| Kurt Schley | operational/managerial control | 2024-01 | ||
| Lynne Briggs | corporate director | 2019-07 | ||
| Mark Catherall | corporate director | 2024-01 | ||
| Matthew Mokrohisky | corporate director | 2024-01 | ||
| Michael Mccullough | corporate officer | 2024-10 | ||
| Michael Mccullough | w-2 managing employee | 2024-10 | ||
| Michael Mccullough | operational/managerial control | 2024-10 | ||
| Rexanne Braun | w-2 managing employee | 2019-07 | ||
| Robert Vanhimbergen | corporate director | 2019-07 | ||
| Robin Barten | w-2 managing employee | 2024-11 | ||
| Shana Sappington | w-2 managing employee | 2024-09 | ||
| Shana Sappington | operational/managerial control | 2024-09 | ||
| Stephanie Hietpas | w-2 managing employee | 2024-11 | ||
| Wheaton Franciscan Healthcare Southeast Wisconsin Inc | operational/managerial control | 1999-02 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2018-06-01 | acquisition/merger | Ascension Se Wisconsin Hospital Inc | Wheaton Franciscan Healthcare... |
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 |