Mchs Oakridge
dba Mayo Clinic Health System-Oakridge ·
Osseo, WI
· CCN 521302
Licensed to Mayo Clinic Health System-Northwest Wisconsin Region Inc
Composite
38.0
rank score
Distress
42
FY2023
Fit
43
vs thesis
Estimated ticket
$1.5M–$3.1M
18 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin -10% to -5%
- under 30 days cash on hand
- occupancy 45-60%
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $31.2M |
| Operating margin | -9.2% |
| Total margin | 6.3% |
| Days cash on hand | 0 |
| Current ratio | 1.98 |
| Occupancy | 59% |
Facility
| Beds | 18 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 18 | $24.9M | $-601K | -17.2% | -2.1% | 0 | 1.48 | 66% | 142 | 61 |
| 2021 | 18 | $27.7M | $-590K | -14.2% | -1.9% | 0 | 1.12 | 73% | 180 | 61 |
| 2022 | 18 | $26.9M | $-679K | -17.6% | -2.2% | 0 | 1.31 | 59% | 137 | 63 |
| 2023 | 18 | $31.2M | $2.3M | -9.2% | 6.3% | 0 | 1.98 | 59% | 232 | 42 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adam Smith | corporate officer | 2026-01 | ||
| Adam Smith | corporate director | 2026-01 | ||
| Charles Nordstrom | corporate director | 2025-01 | ||
| Dean Eide | w-2 managing employee | 2018-01 | ||
| Franklin Ackerman | corporate officer | 2025-01 | ||
| Gurpreet Singh | corporate director | 2025-01 | ||
| Janel Glantz | corporate director | 2025-01 | ||
| Jason Beckermann | corporate director | 2025-01 | ||
| Kelly Buchholtz | corporate director | 2025-01 | ||
| Kevin Fitzgerald | corporate director | 2025-01 | ||
| Lisa Gillette | corporate director | 2026-05 | ||
| Matthew Olmstead | corporate director | 2025-01 | ||
| Mayo Clinic | operational/managerial control | 2018-01 | chain | |
| Paul Molling | corporate officer | 2026-03 | ||
| Paul Molling | corporate director | 2026-03 | ||
| Richard Helmers | corporate officer | 2018-01 | ||
| Richard Helmers | corporate director | 2018-01 | ||
| Robert Wiechmann | corporate director | 2025-01 | ||
| Timothy Young | corporate director | 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 |
|---|---|---|---|---|
| 2018-01-01 | Mayo Clinic Health... | Mayo Clinic Health System -... | Mchs-Chippewa Valley | 25 |