Ascension Calumet Hospital
Chilton, Calumet County, WI
· CCN 521317
Licensed to Ascension Calumet Hospital Inc
Composite
29.0
rank score
Distress
28
FY2024
Fit
41
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- under 30 days cash on hand
- 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 · FY2024
| Net patient revenue | $32.8M |
| Operating margin | 14.7% |
| Total margin | 16.3% |
| Days cash on hand | 0 |
| Current ratio | 2.21 |
| Occupancy | 16% |
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $32.8M | $4.9M | 9.6% | 14.1% | 0 | 1.54 | 16% | 301 | 31 |
| 2022 | 25 | $34.8M | $6.7M | 14.6% | 18.4% | 0 | 1.28 | 19% | 241 | 34 |
| 2023 | 25 | $32.4M | $2.3M | 5.2% | 7.0% | 0 | 1.15 | 14% | 171 | 34 |
| 2024 | 25 | $32.8M | $5.5M | 14.7% | 16.3% | 0 | 2.21 | 16% | 168 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Andre Storey | corporate director | 2026-01 | ||
| Ascension Health | operational/managerial control | 2016-01 | ||
| Calumet Area Community Health Foundation Inc | other | 2016-01 | ||
| Daniel Jackson | corporate officer | 2024-01 | ||
| Daniel Jackson | w-2 managing employee | 2024-01 | ||
| Daniel Jackson | operational/managerial control | 2024-01 | ||
| David Miller | corporate director | 2024-07 | ||
| John Rowe | corporate director | 2018-07 | ||
| Kristin Mcmanmon | corporate director | 2026-01 | ||
| Kurt Schley | corporate director | 2026-01 | ||
| Michael Bergmann | w-2 managing employee | 2021-01 | ||
| Michael Bergmann | operational/managerial control | 2021-01 | ||
| Michael Mccullough | corporate officer | 2024-10 | ||
| Michael Mccullough | w-2 managing employee | 2024-10 | ||
| Michael Mccullough | operational/managerial control | 2024-10 | ||
| Ministry Health Care Inc | operational/managerial control | 2016-01 | ||
| Rexanne Braun | w-2 managing employee | 2019-07 | ||
| Robin Barten | w-2 managing employee | 2024-11 | ||
| Stephanie Hietpas | w-2 managing employee | 2024-11 |
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 |