Aspirus Medford Hospital And Clinics
Medford, Taylor County, WI
· CCN 521324
Licensed to Aspirus Medford Hospital & Clinics Inc
Composite
33.8
rank score
Distress
35
FY2024
Fit
45
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 30-45%
- margin deteriorating sharply
- 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 · FY2024
| Net patient revenue | $91.1M |
| Operating margin | 6.8% |
| Total margin | 13.9% |
| Days cash on hand | 0 |
| Current ratio | 8.88 |
| Occupancy | 41% |
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 | $87.5M | $29.5M | 1.6% | 25.5% | 176 | 7.07 | 43% | 764 | 12 |
| 2022 | 25 | $91.8M | $3.4M | 3.0% | 3.7% | 179 | 11.40 | 44% | 820 | 6 |
| 2023 | 25 | $86.0M | $11.4M | -7.3% | 11.0% | 0 | 3.81 | 40% | 810 | 50 |
| 2024 | 25 | $91.1M | $13.7M | 6.8% | 13.9% | 0 | 8.88 | 41% | 890 | 35 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Aspirus, Inc | 5% or greater indirect ownership interest | 100 | 2001-03 | |
| Dale Hustedt | corporate officer | 2018-07 | ||
| Dale Hustedt | w-2 managing employee | 2018-07 | ||
| Diane Anderson | corporate director | 2022-10 | ||
| Greg Shaw | corporate director | 2015-04 | ||
| Greg Shaw | w-2 managing employee | 2015-04 | ||
| Jeffrey Koenig | corporate director | 2023-11 | ||
| Jerry Yang | corporate director | 2024-02 | ||
| Jerry Yang | w-2 managing employee | 2024-02 | ||
| Jerry Yang | operational/managerial control | 2024-02 | ||
| John Lange | corporate director | 2020-10 | ||
| Leonard Hamman | corporate director | 2016-07 | ||
| Lori Peck | corporate director | 2015-09 | ||
| Lori Peck | w-2 managing employee | 2015-09 | ||
| Lori Peck | operational/managerial control | 2015-09 | ||
| Matthew Heywood | corporate director | 2013-07 | ||
| 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 |