dealflow
envelope $200M

← Targets

St. Lukes Regional Medical Center

Boise, Ada County, ID · CCN 130006
Licensed to St Lukes Regional Medical Center

Composite
17.1
rank score
Distress
46
FY2023
Fit
55
vs thesis
Estimated ticket
$280M–$1.1B
560 beds · over envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin negative
  • under 30 days cash on hand
  • current ratio below 0.8
  • urban — higher occupancy and iteration surface
  • very large — likely out of range
  • estimated price exceeds the capital envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$2.2B
Operating margin -3.7%
Total margin 5.3%
Days cash on hand 4
Current ratio 0.45
Occupancy63%

Facility

Beds560
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 560 $1.6B $89.3M -4.8% 5.1% 8.36 53% 30,767 23
2021 560 $1.8B $235M -2.7% 11.8% 0.46 60% 26,862 40
2022 560 $1.9B $-88.8M -7.4% -4.3% 0.48 62% 26,095 61
2023 560 $2.2B $125M -3.7% 5.3% 4 0.45 63% 27,125 46

Owners

OwnerRole%SinceType
Andrew Scoggin corporate director 2018-10
Christopher Roth corporate officer 2020-01
Christopher Roth corporate director 2020-01
Christopher Roth w-2 managing employee 2017-03
Daniel Krahn corporate director 2018-10
David Snelson corporate director 2024-10
Emily Baker corporate director 2021-11
Jacob Reid corporate officer 2023-09
Jacob Reid corporate director 2023-09
Jacob Reid w-2 managing employee 2023-09
Jared Grant corporate officer 2023-01
Jared Grant corporate director 2023-01
Jared Grant w-2 managing employee 2023-01
Jill Twedt corporate director 2022-11
Kathryn Fowler corporate officer 2021-02
Kathryn Fowler corporate director 2021-02
Kathryn Fowler w-2 managing employee 2021-02
Laura Mcgeorge corporate director 2024-10
Lisa Grow corporate director 2018-10
Richard Raimondi corporate director 2018-10
Robert Lokken corporate director 2018-10
Rosa Davila corporate director 2021-09
St Lukes Health System Ltd
Boise, ID
5% or greater direct ownership interest 2006-10
St Lukes Health System Ltd
Boise, ID
operational/managerial control 2006-10
Thomas Corrick corporate director 2018-10

Showing 25 of 28. Full list via /api/targets/130006.

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 ID

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

DateBuyerSellerHospitalBeds
2024-01-01 Kootenai Health Inc Kootenai Health, Inc. Kootenai Hospital District 326
2017-05-01 St Joseph Hospital Llc St Joseph Regional Medical Center St Joseph Regional Medical Center 108