South Lincoln Hospital District
dba South Lincoln Medical Center ·
Kemmerer, Lincoln County, WY
· CCN 531315
Licensed to South Lincoln Hospital District
Composite
51.1
rank score
Distress
86
FY2024
Fit
31
vs thesis
Estimated ticket
$833K–$1.7M
14 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current liabilities exceed current assets
- occupancy below 30%
- margin deteriorating sharply
- 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
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $18.3M |
| Operating margin | -34.4% |
| Total margin | -11.5% |
| Days cash on hand | 23 |
| Current ratio | 0.84 |
| Occupancy | 13% |
Facility
| Beds | 14 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $59.5K |
| Per-bed (high) | $119K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 13 | $16.7M | $3.4M | -44.0% | 12.5% | 24 | 1.39 | 18% | 109 | 62 |
| 2022 | 14 | $20.4M | $477K | -13.1% | 2.0% | 33 | 1.30 | 16% | 146 | 57 |
| 2023 | 14 | $17.7M | $-929K | -29.0% | -4.2% | 29 | 1.11 | 20% | 71 | 74 |
| 2024 | 14 | $18.3M | $-2.5M | -34.4% | -11.5% | 23 | 0.84 | 13% | 87 | 86 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kristina Gordon | corporate director | 2021-02 | ||
| Kristina Gordon | w-2 managing employee | 2018-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.