Mchs-Chippewa Valley
dba Mayo Clinic Health System-Chippewa Valley ·
Bloomer, Chippewa County, WI
· CCN 521314
Licensed to Mayo Clinic Health System-Northwest Wisconsin Region Inc
Composite
21.1
rank score
Distress
2
FY2023
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- occupancy 45-60%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $43.5M |
| Operating margin | 10.9% |
| Total margin | 11.1% |
| Days cash on hand | — |
| Current ratio | 2.30 |
| Occupancy | 50% |
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 | $36.2M | $-444K | -3.7% | -1.2% | 0 | 1.44 | 64% | 177 | 49 |
| 2021 | 25 | $41.9M | $2.5M | 5.8% | 6.0% | — | 1.78 | 65% | 254 | 0 |
| 2022 | 25 | $39.9M | $2.1M | 5.0% | 5.2% | — | 2.05 | 49% | 163 | 3 |
| 2023 | 25 | $43.5M | $4.9M | 10.9% | 11.1% | — | 2.30 | 50% | 281 | 2 |
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 | 2021-10 | ||
| Franklin Ackerman | corporate officer | 2025-01 | ||
| Franklin Ackerman | corporate director | 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 | ||
| 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
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2018-01-01 | change of ownership | Mayo Clinic Health... | Mayo Clinic Health System -... |
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 |