Ascension St. Vincent Randolph
Winchester, Randolph County, IN
· CCN 151301
Licensed to St Vincent Randolph Hospital Inc
Composite
37.1
rank score
Distress
38
FY2024
Fit
50
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- under 30 days cash on hand
- liabilities exceed assets
- occupancy below 30%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $32.2M |
| Operating margin | 23.8% |
| Total margin | 23.2% |
| Days cash on hand | 0 |
| Current ratio | 1.50 |
| Occupancy | 21% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 25 | $25.9M | $5.4M | 13.0% | 19.4% | 0 | 0.76 | 18% | 427 | 56 |
| 2022 | 25 | $29.9M | $6.1M | 18.6% | 20.1% | 0 | 0.64 | 16% | 400 | 56 |
| 2023 | 25 | $30.2M | $5.5M | 18.6% | 18.4% | 0 | 0.74 | 14% | 410 | 56 |
| 2024 | 25 | $32.2M | $7.4M | 23.8% | 23.2% | 0 | 1.50 | 21% | 498 | 38 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| St Vincent Randolph Hospital Inc | 5% or greater direct ownership interest | 100 | 2000-02 | |
| Ascension Health | operational/managerial control | 2000-06 | ||
| Brian Edwards | corporate director | 2012-07 | ||
| Carlyle Floyd | corporate director | 2023-07 | ||
| Cynthia Adams | corporate director | 2017-11 | ||
| Dana Muntz | corporate officer | 2023-07 | ||
| Dana Muntz | corporate director | 2023-07 | ||
| Dana Muntz | w-2 managing employee | 2023-07 | ||
| Floyd Grubb | corporate director | 2023-07 | ||
| Jacob Baker | corporate director | 2023-07 | ||
| Kevin Speer | corporate officer | 2023-05 | ||
| Michael Emmons | corporate director | 2023-07 | ||
| Ryan Penrod | corporate director | 2023-07 | ||
| St Vincent Health Inc | operational/managerial control | 2000-06 |
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 IN
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 |
|---|---|---|---|---|
| 2018-03-01 | Indiana University Health Jay Inc | Jay County Hospital | Iu Health Jay Hospital | 21 |