St. Marys Hospital & Medical Center
dba Intermountain Health St. Mary's Regional Hospital ·
Grand Junction, Mesa County, CO
· CCN 060023
Licensed to St Marys Hospital And Medical Center Inc
Composite
51.6
rank score
Distress
51
FY2023
Fit
67
vs thesis
Estimated ticket
$21.4M–$42.8M
252 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- large — ticket likely stretches the envelope
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $531M |
| Operating margin | -0.8% |
| Total margin | -1.5% |
| Days cash on hand | 6 |
| Current ratio | 22.02 |
| Occupancy | 62% |
Facility
| Beds | 252 |
| Facility type | STH |
| 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 | 253 | $456M | $40.4M | -5.2% | 7.5% | 2 | 6.14 | 59% | 10,563 | 47 |
| 2021 | 231 | $530M | $39.0M | -5.0% | 6.2% | 2 | 1.61 | 70% | 11,000 | 38 |
| 2022 | 237 | $554M | $1.1M | -11.0% | 0.2% | 2 | 13.29 | 65% | 11,131 | 53 |
| 2023 | 252 | $531M | $-8.4M | -0.8% | -1.5% | 6 | 22.02 | 62% | 11,497 | 51 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Sisters Of Charity Of Leavenworth Health System Inc | 5% or greater direct ownership interest | 100 | 1972-12 | chain |
| Amy Davis | corporate director | 2024-01 | ||
| Angela Padalecki | corporate director | 2023-01 | ||
| Brian Hill | corporate director | 2022-07 | ||
| Bryan Johnson | corporate officer | 2019-08 | ||
| Bryan Johnson | corporate director | 2019-08 | ||
| Bryan Johnson | w-2 managing employee | 2019-08 | ||
| Intermountain Health Care, Inc | operational/managerial control | 2022-04 | chain | |
| Jeffrey Taets | corporate director | 2021-01 | ||
| John Taggart | corporate director | 2024-01 | ||
| Joseph Carlson | corporate director | 2022-01 | ||
| Lenna Watson | corporate director | 2020-01 | ||
| Mark Griffin | corporate director | 2020-01 | ||
| Teyen Shiao | corporate director | 2025-03 | ||
| Timothy Foster | corporate director | 2023-05 | ||
| Tom Benton | corporate director | 2022-01 | ||
| Vance Wagner | corporate director | 2018-01 | ||
| Vincent Donohue | corporate director | 2025-01 | ||
| Vincent Donohue | w-2 managing employee | 2025-01 |
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 CO
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 |
|---|---|---|---|---|
| 2022-05-01 | Catholic Health Initiatives Colorado | Phc-Fort Morgan Inc | St. Elizabeth Hospital | 33 |