dealflow
envelope $200M

← Targets

St Vincent North

dba St Vincent Medical Center North · Sherwood, Pulaski County, AR · CCN 040137
Licensed to St Vincent Infirmary Medical Center

Composite
71.0
rank score
Distress
92
FY2024
Fit
74
vs thesis
Estimated ticket
$23.8M–$95.2M
68 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size somewhat below the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$70.0M
Operating margin -36.9%
Total margin -34.4%
Days cash on hand 0
Current ratio 0.17
Occupancy68%

Facility

Beds68
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $350K
Per-bed (high) $1.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 68 $68.5M $-11.3M -9.2% -17.7% 0 0.35 70% 3,387 86
2022 68 $65.0M $-15.6M -27.3% -23.2% 0.26 70% 3,369 89
2023 68 $72.1M $-11.2M -18.7% -15.1% 0 0.23 71% 3,491 91
2024 68 $70.0M $-24.5M -36.9% -34.4% 0 0.17 68% 3,631 92

Owners

OwnerRole%SinceType
Barbara Williams corporate director 2017-03
Bart Newman corporate director 2017-03
Carey Ruff corporate director 2021-07
Chad Aduddell corporate officer 2017-03
Chad Aduddell corporate director 2017-03
Clayton Borg corporate director 2024-01
Commonspirit Health
Englewood, CO
5% or greater direct ownership interest 1996-10
Cynthia Dunlap corporate director 2021-08
Donald Hearne corporate officer 2025-07
Frederick Meadors corporate director 2024-07
Garrett Stewart w-2 managing employee 2022-10
Jean Block corporate director 2025-07
Joshua Szostek corporate officer 2022-08
Matthew Brown corporate officer 2025-07
Matthew Brown corporate director 2025-07
Matthew Law corporate director 2024-01
Maureen Halligan corporate officer 2019-08
Michael Cottrell corporate director 2023-07
Michael Hegeman corporate director 2023-07
Nessa Mccollum-Flaxman corporate director 2025-07
Richard Blank corporate director 2023-07
Susan Smith corporate director 2017-03
Terika Mbanu corporate director 2025-07
Thomas Kopfensteiner corporate director 2025-07
William Dillard corporate officer 2019-08

Showing 25 of 27. Full list via /api/targets/040137.

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 AR

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2023-12-03 Baptist Health Drew Memorial Hospital, Inc Drew Memorial Hospital Inc 49
2023-07-01 South Arkansas Regional Hospital Llc Mcsa Llc South Arkansas Regional Hospital Llc 105
2021-08-01 Siloam Springs Arkansas Hospital... Fayetteville Arkansas Hospital Company Llc Siloam Springs Memorial Hospital 44
2020-10-01 Magnolia Regional Health System Inc Magnolia Regional Medical Center Magnolia Regional Health System Inc 29
2018-11-01 Baptist Health Regional Hospitals Fort Smith Hma, Llc Baptist Health Medical Center - Fs 314
2018-11-01 Baptist Health Regional Hospitals Van Buren Hma Llc Baptist Health Medical Center - Vb 74