Adventhealth Durand
Durand, Pepin County, WI
· CCN 521307
Licensed to Chippewa Valley Hospital & Oakview Care Center Inc
Composite
21.9
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%
- part of a multi-hospital chain — divestiture candidate
- 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 | $18.0M |
| Operating margin | 3.4% |
| Total margin | 11.9% |
| Days cash on hand | 162 |
| Current ratio | 2.05 |
| Occupancy | 5% |
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 | $13.5M | $877K | -13.7% | 5.4% | 189 | 1.82 | 8% | 104 | 41 |
| 2021 | 25 | $17.2M | $1.1M | 1.3% | 6.0% | 167 | 2.15 | 9% | 165 | 16 |
| 2022 | 25 | $16.1M | $-468K | -4.3% | -2.9% | 133 | 2.43 | 6% | 155 | 37 |
| 2023 | 25 | $18.0M | $2.4M | 3.4% | 11.9% | 162 | 2.05 | 5% | 140 | 8 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adventist Health System Sunbelt Healthcare Corporation | 5% or greater indirect ownership interest | 100 | 2000-08 | chain |
| Adventist Health System Sunbelt Inc | 5% or greater direct ownership interest | 100 | 2000-08 | |
| Amanda Brady | corporate officer | 2022-02 | ||
| Charles Heike | corporate director | 2020-06 | ||
| David Banks | corporate officer | 2022-08 | ||
| David Huffman | corporate officer | 2022-02 | ||
| Douglas Peterson | corporate director | 1995-06 | ||
| Douglas Peterson | w-2 managing employee | 2000-08 | ||
| Haney Vincent | corporate officer | 2021-12 | ||
| Jeffrey Graff | corporate officer | 2014-09 | ||
| John Heike | corporate director | 2023-08 | ||
| Linda Bauer | corporate director | 1994-12 | ||
| Lynn Addiscott | corporate officer | 2005-08 | ||
| Mark Gilles | corporate director | 1993-05 | ||
| Michael Saunders | corporate officer | 2022-02 | ||
| Paul Rathbun | corporate officer | 2014-09 | ||
| Robert Foltz | corporate officer | 2014-09 | ||
| Roxanne Best | corporate director | 2013-06 | ||
| Sam Huenergardt | corporate officer | 2018-06 | ||
| Sam Huenergardt | corporate director | 2020-01 | ||
| Sandra Boss Peck | corporate director | 2022-08 | ||
| Shawn Perry | contracted managing employee | 2023-03 | ||
| Shawn Perry | corporate officer | 2023-03 | ||
| Shawn Perry | operational/managerial control | 2023-03 | ||
| Titus Naftanaila | corporate officer | 2021-02 |
Showing 25 of 32. Full list via /api/targets/521307.
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 |