Ascension St. Vincents Riverside
dba Ascension St. Vincent's Riverside ·
Jacksonville, Duval County, FL
· CCN 100040
Licensed to St Vincents Medical Center Inc
Composite
59.7
rank score
Distress
61
FY2024
Fit
80
vs thesis
Estimated ticket
$126M–$505M
297 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- current ratio under 1.5
- debt above 85% of assets
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size at the top of the envelope — would need leverage
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $435M |
| Operating margin | -4.1% |
| Total margin | -1.5% |
| Days cash on hand | 0 |
| Current ratio | 1.21 |
| Occupancy | 65% |
Facility
| Beds | 297 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 420 | $481M | $37.3M | -1.0% | 7.1% | 0 | 0.64 | 65% | 19,519 | 62 |
| 2022 | 453 | $481M | $-21.3M | -7.6% | -4.3% | 0 | 0.75 | 58% | 18,063 | 83 |
| 2023 | 362 | $450M | $7.7M | -5.0% | 1.6% | 0 | 1.05 | 60% | 16,459 | 64 |
| 2024 | 297 | $435M | $-6.5M | -4.1% | -1.5% | 0 | 1.21 | 65% | 14,306 | 61 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Coba Cornejo | corporate officer | 2018-06 | ||
| Coba Cornejo | w-2 managing employee | 2018-06 | ||
| Don King | corporate officer | 2023-05 | ||
| Don King | w-2 managing employee | 2023-05 | ||
| Don King | operational/managerial control | 2023-05 | ||
| Helen Rowan | corporate director | 2015-07 | ||
| Jalima Trank | corporate officer | 2023-05 | ||
| Jalima Trank | w-2 managing employee | 2023-05 | ||
| Jalima Trank | operational/managerial control | 2023-05 | ||
| Jeremy Kraft | corporate director | 2016-08 | ||
| Jeremy Kraft | w-2 managing employee | 2016-08 | ||
| Scott Kashman | corporate officer | 2024-07 | ||
| Scott Kashman | w-2 managing employee | 2024-07 | ||
| Scott Kashman | operational/managerial control | 2024-07 | ||
| St. Vincent's Health System, Inc. | 5% or greater direct ownership interest | 1966-07 | ||
| St. Vincent's Health System, Inc. | operational/managerial control | 1966-07 |
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 FL
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 |
|---|---|---|---|---|
| 2025-08-01 | Galen Of Florida Inc | West Florida - Pph, Llc | St. Petersburg General | 162 |
| 2025-03-01 | Adventhealth Port Charlotte Inc | Port Charlotte Hma Llc | Bayfront Health Port Charlotte | 254 |
| 2025-02-27 | Hope 97 Llc | Prime Healthcare Services-Lehigh Acres Llc | Lehigh Regional | 53 |
| 2024-11-01 | Lee Health System Inc | Lee Memorial Health System | Gulf Coast Medical Center | 624 |
| 2024-11-01 | Lee Health System Inc | Lee Memorial Health System | Lee Memorial Hospital | 746 |
| 2024-10-30 | Hsa Cgh Llc | Steward Cgh Inc | Coral Gables Hospital | 245 |
| 2024-10-30 | Hsa Hh Llc | Steward Hh, Inc. | Hialeah Hospital | 340 |
| 2024-10-30 | Hsa Pgh Llc | Steward Pgh, Inc. | Palmetto General Hospital | 358 |
| 2024-10-30 | Hsa Nsmc Llc | Steward Nsmc Inc | North Shore Medical Center And Fmc | 748 |
| 2024-10-23 | Ohsrh, Llc | Steward Sebastian River Medical Center Inc | Sebastian River Medical Center | 145 |
| 2023-12-01 | Tampa General Hospital Citrus Llc | Citrus Hma Llc | Seven Rivers Regional Medical Center | 121 |
| 2023-12-01 | Tampa General Hospital Hernando Llc | Hernando Hma Llc | Brooksville Regional Hosptal | 244 |
| 2020-10-01 | Ohi West, Inc. | Bayfront Hma Medical Center Llc | Bayfront Health St. Petersburg | 262 |
| 2019-09-01 | Adventhealth Polk South Inc | Lake Wales Hospital Corporation | Adventhealth Lake Wales | 118 |
| 2019-09-01 | Adventhealth Polk North Inc | Haines City Hma Llc | Adventhealth Heart Of Florida | 202 |