Amery Regional Medical Center
dba Amery Hospital & Clinic ·
Amery, Polk County, WI
· CCN 521308
Licensed to Amery Regional Medical Center Inc
Composite
31.1
rank score
Distress
29
FY2023
Fit
45
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin under 2%
- 30-60 days cash on hand
- occupancy 30-45%
- margin slipping
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $76.2M |
| Operating margin | 0.7% |
| Total margin | 5.6% |
| Days cash on hand | 40 |
| Current ratio | 3.72 |
| Occupancy | 35% |
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 | $58.7M | $3.7M | -5.4% | 5.6% | 148 | 1.80 | 32% | 740 | 32 |
| 2021 | 25 | $68.5M | $3.7M | 1.4% | 5.2% | 151 | 1.74 | 40% | 808 | 12 |
| 2022 | 25 | $70.9M | $1.7M | -1.0% | 2.3% | 130 | 2.10 | 40% | 981 | 26 |
| 2023 | 25 | $76.2M | $4.5M | 0.7% | 5.6% | 40 | 3.72 | 35% | 926 | 29 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bremer Bank National Association | 5% or greater security interest | 24 | 2021-05 | |
| Group Health Plan Inc | operational/managerial control | 12 | 2014-01 | |
| Alita Risinger | corporate officer | 2024-07 | ||
| Annie Jacobsen | corporate director | 2023-08 | ||
| Charles Williamson | corporate director | 2020-03 | ||
| Criag Yehlik | corporate director | 2020-01 | ||
| Jack Dressen | corporate director | 2026-01 | ||
| Jason Gallagher | corporate director | 2024-01 | ||
| Khu Thao | corporate director | 2023-08 | ||
| Kris Tjornehoj | corporate director | 2018-05 | ||
| Levon O Haodha | corporate director | 2018-04 | ||
| Lisa Bjorkman | w-2 managing employee | 2015-07 | ||
| Mark Gherty | corporate director | 2018-05 | ||
| Melissa Kolb | corporate director | 2020-04 | ||
| Michael Anderson | corporate director | 2019-01 | ||
| Nicholas Weiss | corporate director | 2026-01 | ||
| Oralee Schock | corporate director | 2017-05 | ||
| Pahoua Hoffman | corporate director | 2023-05 | ||
| Paula Kolbeck | corporate director | 2020-01 | ||
| Regan Brown | corporate director | 2019-01 | ||
| Richard Dado | corporate director | 2019-06 | ||
| Sharon Tolva | corporate director | 2019-01 | ||
| Steven Long | corporate director | 2022-10 | ||
| Steven Massey | corporate director | 2026-04 |
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 |