Memorial Hospital Of Converse County
Douglas, Converse County, WY
· CCN 531302
Licensed to Memorial Hospital Of Converse County
Composite
35.0
rank score
Distress
44
FY2024
Fit
38
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin under 2%
- under 30 days cash on hand
- occupancy below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $80.8M |
| Operating margin | 0.1% |
| Total margin | 7.8% |
| Days cash on hand | 3 |
| Current ratio | 6.01 |
| Occupancy | 28% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| 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 | $84.9M | $18.6M | -7.5% | 16.9% | 63 | 2.70 | 35% | 744 | 38 |
| 2022 | 25 | $90.7M | $4.9M | -1.5% | 5.1% | 62 | 3.27 | 39% | 879 | 31 |
| 2023 | 25 | $92.7M | $6.2M | -1.9% | 6.1% | 14 | 5.02 | 33% | 774 | 43 |
| 2024 | 25 | $80.8M | $6.8M | 0.1% | 7.8% | 3 | 6.01 | 28% | 674 | 44 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Matthew Dammeyer | corporate officer | 100 | 2019-10 | |
| Memorial Hospital Of Converse County | 5% or greater direct ownership interest | 100 | 2009-12 | |
| Bobbe Fitzhugh | corporate director | 2016-01 | ||
| Charles Lyford | corporate director | 2014-01 | ||
| James Cussins | w-2 managing employee | 2019-01 | ||
| Leslie Bolln | corporate director | 2014-01 | ||
| Nick Linford | corporate director | 2017-01 | ||
| Robert Kayser | corporate director | 2014-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.