Ladd Memorial Hosptial
dba Osceola Medical Center ·
Osceola, Polk County, WI
· CCN 521318
Licensed to Ladd Memorial Hospital
Composite
20.0
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%
- 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 | $56.9M |
| Operating margin | 11.5% |
| Total margin | 15.9% |
| Days cash on hand | 254 |
| Current ratio | 5.99 |
| Occupancy | 22% |
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 | $34.3M | $-5.5M | -19.9% | -15.4% | 105 | 4.21 | 17% | 426 | 58 |
| 2021 | 25 | $48.4M | $13.3M | 9.3% | 23.2% | 206 | 6.10 | 21% | 461 | 9 |
| 2022 | 25 | $51.9M | $5.1M | 8.2% | 9.7% | 213 | 5.61 | 14% | 319 | 9 |
| 2023 | 25 | $56.9M | $9.6M | 11.5% | 15.9% | 254 | 5.99 | 22% | 330 | 8 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Anne Pueschner | corporate director | 100 | 2017-01 | |
| Amin Uddin | corporate director | 2022-01 | ||
| Deborah Peters | corporate director | 2018-08 | ||
| Erik Severson | corporate director | 2018-07 | ||
| Felix Blanco | corporate director | 2021-11 | ||
| Greg Kumlien | corporate director | 2019-03 | ||
| John Clark | corporate director | 2019-03 | ||
| John Gearin | corporate director | 2021-01 | ||
| Kelly Macken-Marble | corporate officer | 2022-10 | ||
| Kelsey Finnegan | w-2 managing employee | 2018-10 | ||
| Kierstin Justinger | corporate director | 2019-03 | ||
| Kimberly Ericson | corporate officer | 2020-02 | ||
| Mark Erickson | corporate director | 2019-03 | ||
| Penny Austad | corporate director | 2022-01 | ||
| Rebecca Styles | corporate director | 2022-01 | ||
| Tyler Schmidtz | corporate director | 2017-01 |
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 |