Aurora Medical Center - Summit
dba Aurora Medical Center-Summit ·
Summit, Waukesha County, WI
· CCN 520206
Licensed to Aurora Health Care Southern Lakes, Inc.
Composite
34.4
rank score
Distress
24
FY2023
Fit
59
vs thesis
Estimated ticket
$10.9M–$21.8M
109 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- current ratio below 0.8
- liabilities exceed assets
- occupancy 45-60%
- 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 · FY2023
| Net patient revenue | $211M |
| Operating margin | 19.3% |
| Total margin | 20.4% |
| Days cash on hand | 1,092 |
| Current ratio | 0.65 |
| Occupancy | 53% |
Facility
| Beds | 109 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 91 | $170M | $26.6M | 14.8% | 15.5% | 315 | 11.51 | 68% | 4,275 | 0 |
| 2021 | 91 | $198M | $37.4M | 18.4% | 18.8% | 372 | 10.43 | 64% | 4,508 | 0 |
| 2022 | 91 | $200M | $35.3M | 17.1% | 17.6% | 708 | 0.60 | 66% | 4,531 | 24 |
| 2023 | 109 | $211M | $43.6M | 19.3% | 20.4% | 1,092 | 0.65 | 53% | 4,879 | 24 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Advocate Aurora Health, Inc. | 5% or greater indirect ownership interest | 100 | 2018-04 | |
| Advocate Aurora Health, Inc. | operational/managerial control | 100 | 2018-04 | |
| Aurora Health Care, Inc. | 5% or greater direct ownership interest | 100 | 2010-03 | |
| Aurora Health Care, Inc. | operational/managerial control | 100 | 2010-03 | |
| Advocate Health Inc | operational/managerial control | 2022-12 | ||
| Carrie Killoran | corporate director | 2016-05 | ||
| Desiree Millet | w-2 managing employee | 2025-01 | ||
| Gabrielle Finley-Hazle | corporate officer | 2023-12 | ||
| Gabrielle Finley-Hazle | corporate director | 2023-12 | ||
| Harold Slinkman | corporate officer | 2023-09 | ||
| Jamie Campbell | corporate officer | 2025-04 | ||
| Jennifer Schomberg | corporate officer | 2025-04 | ||
| Jennifer Schomberg | corporate director | 2025-04 | ||
| Jessica Bauer | corporate officer | 2020-01 | ||
| Jessica Bauer | w-2 managing employee | 2019-10 | ||
| Kara Richardson | corporate officer | 2024-10 | ||
| Kara Richardson | w-2 managing employee | 2025-01 | ||
| Lindsay Durgin | corporate officer | 2025-07 | ||
| Rachel Halverson | corporate officer | 2023-06 | ||
| Rachelle Hart | corporate officer | 2023-06 | ||
| Rachelle Hart | corporate director | 2013-10 | ||
| Tori Munnik | w-2 managing employee | 2025-01 |
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 |