St Marys Hospital Superior
dba Essentia Health St. Mary's Hospital- Superior ·
Superior, Douglas County, WI
· CCN 521329
Licensed to St Marys Hospital Of Superior
Composite
22.2
rank score
Distress
3
FY2024
Fit
52
vs thesis
Estimated ticket
$1.4M–$2.7M
16 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- margin slipping
- urban — higher occupancy and iteration surface
- very small facility
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $104M |
| Operating margin | 19.3% |
| Total margin | 23.7% |
| Days cash on hand | 623 |
| Current ratio | 44.94 |
| Occupancy | 62% |
Facility
| Beds | 16 |
| Facility type | CAH |
| Setting | urban |
| 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 | 16 | $81.0M | $20.9M | 18.2% | 23.9% | 480 | 9.83 | 57% | 536 | 2 |
| 2022 | 16 | $90.0M | $14.5M | 15.9% | 16.0% | 483 | 15.39 | 64% | 420 | 0 |
| 2023 | 16 | $98.2M | $23.9M | 18.6% | 23.0% | 539 | 38.73 | 66% | 467 | 0 |
| 2024 | 16 | $104M | $26.1M | 19.3% | 23.7% | 623 | 44.94 | 62% | 530 | 3 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adam Bachand | corporate director | 2025-01 | ||
| Amy Bergstrom | corporate director | 2024-01 | ||
| Anthony Sertich | corporate director | 2021-01 | ||
| Anthony Yung | corporate director | 2023-01 | ||
| Bruce Smith | corporate director | 2026-01 | ||
| Essentia Health | 5% or greater direct ownership interest | 2023-07 | ||
| George Loban | corporate director | 2024-01 | ||
| Justin Terch | corporate director | 2025-10 | ||
| Kevin Boren | corporate officer | 2021-09 | ||
| Kevin Boren | w-2 managing employee | 2021-09 | ||
| Kim Pearson | w-2 managing employee | 2020-03 | ||
| Krista Skorupa | corporate officer | 2024-05 | ||
| Michael Watters | corporate officer | 2023-07 | ||
| Nancy Aronson Norr | corporate director | 2025-01 | ||
| Rebecca Urbanski | corporate director | 2025-01 | ||
| St Marys Duluth Clinic Health System | operational/managerial control | 1997-01 | ||
| Thomas Jamar | corporate director | 2023-01 | ||
| Troy Duininck | corporate director | 2023-01 |
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 |