Ascension St. Vincents St. Johns Cou
dba Ascension St Vincent's St. Johns County ·
St. Johns, St. Johns County, FL
· CCN 100361
Licensed to St. Vincent's Health System, Inc.
Composite
57.2
rank score
Distress
59
FY2024
Fit
76
vs thesis
Estimated ticket
$23.8M–$95.2M
56 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio under 1.5
- occupancy 30-45%
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size somewhat below the envelope
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $64.7M |
| Operating margin | -8.9% |
| Total margin | -7.7% |
| Days cash on hand | 0 |
| Current ratio | 1.38 |
| Occupancy | 35% |
Facility
| Beds | 56 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 56 | $33.6M | $-9.8M | -30.4% | -28.9% | 0 | 1.41 | 28% | 1,278 | 79 |
| 2024 | 56 | $64.7M | $-5.1M | -8.9% | -7.7% | 0 | 1.38 | 35% | 1,966 | 59 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| St. Vincent's Health System, Inc. | 5% or greater direct ownership interest | 100 | 2022-07 | |
| Coba Cornejo | corporate officer | 2022-07 | ||
| Coba Cornejo | w-2 managing employee | 2022-07 | ||
| Coba Cornejo | operational/managerial control | 2022-07 | ||
| Cory Darling | corporate officer | 2023-05 | ||
| Cory Darling | w-2 managing employee | 2023-05 | ||
| Cory Darling | operational/managerial control | 2023-05 | ||
| Don King | corporate officer | 2023-05 | ||
| Don King | w-2 managing employee | 2023-05 | ||
| Don King | operational/managerial control | 2023-05 | ||
| Helen Rowan | other | 2022-07 | ||
| 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 | 2022-07 | ||
| Jeremy Kraft | w-2 managing employee | 2022-07 |
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 |