St. Francis Hospital Inc.
dba St. Francis Hospital ·
Columbus, Muscogee County, GA
· CCN 110129
Licensed to St Francis Health Llc
Composite
38.9
rank score
Distress
22
FY2023
Fit
72
vs thesis
Estimated ticket
$156M–$624M
312 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- occupancy 45-60%
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size well above the envelope
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $361M |
| Operating margin | 7.5% |
| Total margin | 10.6% |
| Days cash on hand | 7 |
| Current ratio | 6.90 |
| Occupancy | 55% |
Facility
| Beds | 312 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 312 | $233M | $-8.6M | -16.3% | -3.3% | 0 | 1.02 | 50% | 11,354 | 79 |
| 2021 | 312 | $260M | $-20.1M | -11.9% | -7.4% | 1 | 2.29 | 52% | 10,926 | 76 |
| 2022 | 312 | $253M | $-28.4M | -15.9% | -10.8% | 2 | 2.40 | 52% | 11,243 | 80 |
| 2023 | 312 | $361M | $39.8M | 7.5% | 10.6% | 7 | 6.90 | 55% | 11,421 | 22 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Knight Health Holdings Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| Knight Health Ii, Llc | 5% or greater indirect ownership interest | 100 | 2025-03 | |
| Knight Healthcare New-D, Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| St. Francis Holding Company, Llc | 5% or greater direct ownership interest | 100 | 2021-12 | |
| Ehc Ventures, Llc | 5% or greater indirect ownership interest | 51 | 2020-01 | |
| Georgia Healthcare Partner, Llc | 5% or greater indirect ownership interest | 49 | 2020-01 | |
| Alan Wenk | corporate officer | 2025-03 | ||
| Dana Rock | corporate officer | 2024-12 | ||
| Dawn Trimble | contracted managing employee | 2020-01 | ||
| Johnetta Traylor | corporate officer | 2024-12 | ||
| Kindred Healthcare Operating Llc | operational/managerial control | 2021-12 | ||
| Michael Bean | corporate officer | 2022-01 | ||
| Russell Pigg | corporate officer | 2025-03 | ||
| Scott Graeser | corporate officer | 2022-08 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2016-01-01 | change of ownership | St Francis Health Llc | St Francis Hospital, Inc. |
Who has been buying in GA
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 |
|---|---|---|---|---|
| 2023-11-01 | South Georgia Medical Center Inc | Hospital Authority Of Valdosta And... | South Georgia Medical Center | 261 |
| 2023-11-01 | South Georgia Medical Center Inc | Hospital Authority Of Valdosta And... | Sgmc Berrien Campus | 10 |
| 2023-07-01 | Northeast Georgia Medical Center... | The Hospital Authority Of Habersham County | Ngmc Habersham | 53 |
| 2021-07-03 | Navicent Health Baldwin, Inc | Navicent Health Oconee, Llc | Atrium Health Navicent Baldwin | 86 |
| 2021-06-22 | Burke Hospital Company | Burke County Hospital Authority | Burke Medical Center | 40 |
| 2021-05-01 | Vidalia Health Services, Llc | Meadows Regional Medical Center Inc | Meadows Regional Medical Center | 57 |
| 2018-02-01 | Savannah Health Services, Llc | Memorial Health University Medical... | Memorial Health Univ Med Center | 594 |
| 2017-12-29 | Chi Memorial Hospital - Georgia | Cornerstone Medical Center, Llc | Chi Memorial Hospital - Georgia | 35 |
| 2017-10-01 | Piedmont Rockdale Hospital, Inc. | Rockdale Hospital Llc | Piedmont Rockdale Hospital | 181 |
| 2017-05-01 | Southeast Georgia Health Services, Llc | Mayo Clinic Health System In Waycross, Inc | Memorial Satilla Health | 130 |
| 2017-01-01 | Ngmc Barrow Llc | Winder Hma Llc | Ngmc Barrow | 38 |
| 2016-04-01 | Wellstar Spalding Regional Hospital Inc | Spalding Regional Medical Center, Inc. | Spalding Regional Hospital | 170 |
| 2016-04-01 | Wellstar North Fulton Hospital Inc | North Fulton Medical Center, Inc. | North Fulton Regional Hospital | 178 |
| 2016-02-01 | Prime Healthcare Foundation -... | Southern Regional Health Center, Inc | Southern Regional Medical Center | 233 |
| 2016-01-01 | St Francis Health Llc | St Francis Hospital, Inc. | St. Francis Hospital Inc. | 312 |