dealflow
envelope $200M

← Targets

St. Lukes Elmore Medical Center

dba St Lukes Elmore Medical Center · Mountain Home, Elmore County, ID · CCN 131311
Licensed to St Lukes Regional Medical Center

Composite
26.5
rank score
Distress
25
FY2023
Fit
38
vs thesis
Estimated ticket
$1.7M–$3.4M
20 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • current ratio below 0.8
  • occupancy 30-45%
  • margin slipping
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$50.4M
Operating margin 3.4%
Total margin 7.5%
Days cash on hand
Current ratio -0.34
Occupancy31%

Facility

Beds20
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 20 $34.5M $3.2M -10.5% 7.7% 0 -0.49 33% 598 69
2021 20 $40.6M $2.3M -1.5% 5.2% -0.56 35% 576 44
2022 20 $47.9M $-93.6K -2.8% -0.2% -0.54 35% 874 54
2023 20 $50.4M $3.9M 3.4% 7.5% -0.34 31% 773 25

Owners

OwnerRole%SinceType
St Lukes Health System Ltd
Boise, ID
5% or greater direct ownership interest 100 2013-04
Allan Korn corporate director 2018-10
Andrew Scoggin corporate director 2018-10
Brigette Bilyeu corporate director 2018-10
Christopher Roth corporate officer 2020-01
Christopher Roth corporate director 2020-01
Christopher Roth w-2 managing employee 2015-10
Daniel Krahn corporate director 2018-10
Durmot Durcan corporate director 2018-10
Emily Baker corporate director 2021-10
Jacob Reid corporate officer 2023-09
Jacob Reid w-2 managing employee 2023-09
Jared Grant corporate officer 2023-01
Jared Grant w-2 managing employee 2023-01
Jon Miller corporate director 2018-10
Karen Vauk corporate director 2018-10
Kathryn Fowler corporate officer 2021-02
Kathryn Fowler corporate director 2021-02
Kathryn Fowler w-2 managing employee 2021-02
Lisa Grow corporate director 2018-10
Lucie Dimaggio corporate director 2018-10
Richard Raimondi corporate director 2018-10
Robert Lokken corporate director 2018-10
Robert Mueller corporate officer 2015-04
Robert Mueller corporate director 2015-04

Showing 25 of 29. Full list via /api/targets/131311.

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
2021-08-01 Caribou Medical Center, Inc Caribou Memorial Hospital Caribou Memorial Hospital 25