St. Josephs Health Services
dba Gundersen St. Joseph's Hospital And Clinics ·
Hillsboro, Vernon County, WI
· CCN 521304
Licensed to St Joseph's Health Services Inc
Composite
20.0
rank score
Distress
8
FY2023
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- occupancy below 30%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $28.5M |
| Operating margin | 9.0% |
| Total margin | 18.3% |
| Days cash on hand | 384 |
| Current ratio | 13.04 |
| Occupancy | 22% |
Facility
| Beds | 25 |
| 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 | 25 | $21.9M | $2.3M | -10.9% | 8.4% | 184 | 4.24 | 10% | 221 | 37 |
| 2021 | 25 | $31.7M | $5.2M | 11.0% | 14.9% | 298 | 4.69 | 14% | 194 | 9 |
| 2022 | 25 | $34.6M | $5.1M | 13.1% | 13.9% | 292 | 10.73 | 17% | 169 | 9 |
| 2023 | 25 | $28.5M | $6.0M | 9.0% | 18.3% | 384 | 13.04 | 22% | 105 | 8 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bellin Gundersen Health System Inc | 5% or greater indirect ownership interest | 100 | 2022-11 | |
| Gundersen Lutheran Health System Inc | 5% or greater direct ownership interest | 100 | 2011-06 | |
| Ann Brandau-Hynek | corporate director | 1966-11 | ||
| Annette Lechnir | corporate director | 2023-01 | ||
| Bellin Gundersen Health System Inc | operational/managerial control | 2022-11 | ||
| Dana Meyers | corporate director | 2020-10 | ||
| Gundersen Lutheran Health System Inc | operational/managerial control | 2011-06 | ||
| Hannah Young | corporate officer | 2026-06 | ||
| Holly Boisen | corporate director | 2023-01 | ||
| Jennifer Boigenzahn | corporate officer | 2025-03 | ||
| Jennifer Boigenzahn | w-2 managing employee | 2026-02 | ||
| Jeri Weger | corporate director | 2025-04 | ||
| Jon Woolever | corporate director | 2024-01 | ||
| Kraig Schuster | corporate officer | 2026-02 | ||
| Michael Mckee | corporate director | 2018-06 | ||
| Natalie Adams | corporate director | 2021-01 | ||
| Stacie Christensen | corporate director | 2022-02 |
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 |