Niobrara Health And Life Center
Lusk, Niobrara County, WY
· CCN 531314
Licensed to Niobrara County Hospital District
Composite
24.4
rank score
Distress
16
FY2024
Fit
43
vs thesis
Estimated ticket
$2.0M–$4.1M
24 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin under 2%
- margin deteriorating sharply
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $10.1M |
| Operating margin | 0.7% |
| Total margin | 22.4% |
| Days cash on hand | 377 |
| Current ratio | 6.06 |
| Occupancy | 73% |
Facility
| Beds | 24 |
| 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 | 24 | $6.9M | $5.1M | -11.7% | 39.7% | 291 | 4.24 | 68% | 87 | 28 |
| 2022 | 24 | $7.9M | $920K | -9.3% | 9.6% | 328 | 3.40 | 78% | 137 | 22 |
| 2023 | 24 | $9.3M | $874K | -12.4% | 7.7% | 281 | 7.07 | 75% | 110 | 28 |
| 2024 | 24 | $10.1M | $2.9M | 0.7% | 22.4% | 377 | 6.06 | 73% | 93 | 16 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dana Gilleland | operational/managerial control | 100 | 2021-04 | |
| John Boldon | corporate director | 2018-04 | ||
| Randi Ross | corporate director | 2014-12 | ||
| Travis Krein | corporate director | 2016-12 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.