Upland Hills Health
Dodgeville, Iowa County, WI
· CCN 521352
Licensed to Upland Hills Health Inc
Composite
29.2
rank score
Distress
25
FY2023
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%
- 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 | $87.3M |
| Operating margin | 2.7% |
| Total margin | 15.0% |
| Days cash on hand | 22 |
| Current ratio | 2.32 |
| Occupancy | 39% |
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 | $64.4M | $6.5M | -7.4% | 8.6% | 133 | 2.29 | 40% | 855 | 32 |
| 2021 | 25 | $72.8M | $7.2M | -4.3% | 8.6% | 143 | 2.75 | 41% | 882 | 26 |
| 2022 | 25 | $84.4M | $8.7M | 5.1% | 9.5% | 115 | 3.61 | 44% | 967 | 10 |
| 2023 | 25 | $87.3M | $15.0M | 2.7% | 15.0% | 22 | 2.32 | 39% | 846 | 25 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bradley Laufenberg | corporate officer | 2010-06 | ||
| Danielle Moyer | corporate director | 2026-01 | ||
| Danielle Moyer | w-2 managing employee | 2026-01 | ||
| David Engels | corporate director | 2024-01 | ||
| James Massey | corporate director | 2011-06 | ||
| Jean Mlsna | corporate director | 2024-01 | ||
| John Thronson | corporate director | 2013-04 | ||
| Lisa Schnedler | corporate director | 2022-03 | ||
| Lisa Schnedler | w-2 managing employee | 2013-07 | ||
| Margo Francisco | corporate director | 2024-01 | ||
| Sandra Fischer | corporate director | 2024-01 | ||
| Theodore Greenheck | corporate officer | 2010-06 |
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 |