Tomah Memorial Hospital
Tomah, Monroe County, WI
· CCN 521320
Licensed to Tomah Memorial Hospital Inc
Composite
22.1
rank score
Distress
9
FY2023
Fit
45
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- 90-150 days cash on hand
- occupancy 30-45%
- 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 | $81.2M |
| Operating margin | 2.8% |
| Total margin | 5.9% |
| Days cash on hand | 127 |
| Current ratio | 6.06 |
| Occupancy | 32% |
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 | $65.6M | $-1.1M | -5.3% | -1.6% | 103 | 3.07 | 37% | 972 | 40 |
| 2021 | 25 | $71.4M | $13.5M | 0.5% | 16.0% | 124 | 6.70 | 37% | 852 | 17 |
| 2022 | 25 | $76.7M | $1.0M | 2.0% | 1.3% | 147 | 6.42 | 37% | 908 | 13 |
| 2023 | 25 | $81.2M | $5.0M | 2.8% | 5.9% | 127 | 6.06 | 32% | 790 | 9 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brian Nicol | corporate director | 2022-01 | ||
| Deb Buswell | corporate director | 2021-01 | ||
| Derek Daly | contracted managing employee | 2022-08 | ||
| Derek Daly | corporate director | 2022-08 | ||
| Greg Gaarder | other | 2019-01 | ||
| Jeffrey Cavaness | corporate director | 2021-01 | ||
| John Laufenberg | corporate director | 2017-01 | ||
| John Robertson | corporate director | 2016-01 | ||
| Joseph Zeps | corporate officer | 2006-03 | ||
| Joseph Zeps | w-2 managing employee | 2006-03 | ||
| Keith Laugen | other | 2019-01 | ||
| Penny Precour-Berry | corporate director | 2017-01 | ||
| Robert Holness | corporate officer | 2022-01 | ||
| Spencer Stephens | corporate director | 2017-01 | ||
| Sue Playter Mubarak | other | 2022-01 | ||
| Tracy Myhre | w-2 managing employee | 2009-10 |
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 |