Aspirus Stanley Hospital
Stanley, Clark County, WI
· CCN 521311
Licensed to Aspirus Stanley Hospital & Clinics Inc
Composite
30.7
rank score
Distress
38
FY2024
Fit
34
vs thesis
Estimated ticket
$2.0M–$4.1M
24 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- operating margin under 2%
- under 30 days cash on hand
- debt above 70% of assets
- occupancy below 30%
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $22.9M |
| Operating margin | 1.8% |
| Total margin | 3.7% |
| Days cash on hand | 2 |
| Current ratio | 5.20 |
| Occupancy | 15% |
Facility
| Beds | 24 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 24 | $18.3M | $-972K | -0.1% | -5.6% | 0 | 0.57 | 12% | 138 | 77 |
| 2022 | 24 | $17.5M | $-1.5M | -11.0% | -8.1% | 2 | 3.50 | 14% | 170 | 80 |
| 2023 | 24 | $19.9M | $-247K | -4.0% | -1.2% | 2 | 1.51 | 11% | 164 | 59 |
| 2024 | 24 | $22.9M | $856K | 1.8% | 3.7% | 2 | 5.20 | 15% | 223 | 38 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Aspirus, Inc | 5% or greater direct ownership interest | 100 | 2021-08 | |
| Aspirus, Inc | operational/managerial control | 100 | 2021-08 | |
| Diane Anderson | corporate director | 2022-10 | ||
| Greg Shaw | w-2 managing employee | 2022-01 | ||
| Greg Shaw | operational/managerial control | 2022-01 | ||
| James Matheson | corporate director | 2020-10 | ||
| Jeffrey Koenig | corporate director | 2023-11 | ||
| John Lange | corporate director | 2020-10 | ||
| Lori Peck | corporate director | 2015-09 | ||
| Lori Peck | w-2 managing employee | 2015-09 | ||
| Lori Peck | operational/managerial control | 2015-09 | ||
| Matthew Heywood | corporate officer | 2021-08 | ||
| Matthew Heywood | w-2 managing employee | 2013-07 | ||
| Matthew Heywood | operational/managerial control | 2013-07 | ||
| Michael Holzhueter | corporate director | 2019-10 | ||
| Rachel Dixon | corporate director | 2018-01 | ||
| Randy Juedes | corporate director | 2019-10 | ||
| Susan Schneider | corporate director | 2020-10 | ||
| Tyler Hack | corporate director | 2024-02 | ||
| Tyler Hack | w-2 managing employee | 2024-02 | ||
| Tyler Hack | operational/managerial control | 2024-02 |
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 |