Stoughton Hospital Association
dba Stoughton Hospital ·
Stoughton, Dane County, WI
· CCN 521343
Licensed to Stoughton Hospital Association
Composite
17.2
rank score
Distress
8
FY2023
Fit
34
vs thesis
Estimated ticket
$1.7M–$3.4M
20 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- occupancy below 30%
- rural — cheaper but limited density
- very small facility
- 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 | $64.9M |
| Operating margin | 11.2% |
| Total margin | 18.4% |
| Days cash on hand | 241 |
| Current ratio | 9.57 |
| Occupancy | 29% |
Facility
| Beds | 20 |
| 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 | 22 | $41.9M | $1.6M | -2.3% | 3.7% | 289 | 3.16 | 29% | 679 | 24 |
| 2021 | 22 | $46.8M | $13.4M | 0.6% | 22.4% | 285 | 3.86 | 26% | 588 | 16 |
| 2022 | 22 | $56.8M | $7.1M | 10.2% | 12.2% | 243 | 6.34 | 31% | 608 | 6 |
| 2023 | 20 | $64.9M | $13.0M | 11.2% | 18.4% | 241 | 9.57 | 29% | 622 | 8 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ssm Health Care Of Wisconsin Inc | 5% or greater direct ownership interest | 40 | 2003-02 | |
| Aaron Schwaab | corporate director | 2017-11 | ||
| Ashish Rawal | corporate director | 2021-11 | ||
| Cynthia Mcglynn | corporate director | 2023-11 | ||
| Daniel Degroot | corporate officer | 2018-05 | ||
| Daniel Degroot | w-2 managing employee | 2018-05 | ||
| Dawit Tesfasilassie | corporate director | 2023-08 | ||
| Donna Olson | corporate director | 2018-11 | ||
| Glenn Kruser | corporate director | 2022-01 | ||
| Kristian Krentz | corporate director | 2019-11 | ||
| Matthew Kinsella | corporate director | 2021-08 | ||
| Michelle Abey | corporate officer | 2018-07 | ||
| Michelle Abey | w-2 managing employee | 2015-07 | ||
| Nicholas Probst | corporate director | 2019-11 | ||
| Steven Peotter | corporate director | 2023-11 | ||
| Susan Vanderbilt | corporate director | 2022-11 | ||
| Timothy Rusch | corporate director | 2020-11 |
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 |