Via Christi Hospital Pittsburg Inc.
dba Mercy Health ·
Pittsburg, KS
· CCN 170006
Licensed to Mercy Hospital Pittsburg Inc
Already transacted. CMS recorded an ownership change effective
2024-09-01. Confirm the current owner before spending a call on this.
Composite
20.7
rank score
Distress
83
FY2024
Fit
50
vs thesis
Estimated ticket
$4.5M–$9.0M
64 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current liabilities exceed current assets
- occupancy 30-45%
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
- changed ownership 2024-09-01 — likely already transacted
Latest financials · FY2024
| Net patient revenue | $85.6M |
| Operating margin | -20.0% |
| Total margin | -17.8% |
| Days cash on hand | 1 |
| Current ratio | 0.92 |
| Occupancy | 38% |
Facility
| Beds | 64 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 64 | $91.9M | $-1.3M | -14.5% | -1.2% | 7 | 0.56 | 49% | 2,284 | 73 |
| 2022 | 64 | $99.3M | $134K | -7.6% | 0.1% | 0 | 0.68 | 51% | 3,280 | 63 |
| 2023 | 64 | $90.4M | $-5.7M | -16.9% | -5.7% | 1 | 0.73 | 41% | 2,934 | 81 |
| 2024 | 64 | $85.6M | $-15.5M | -20.0% | -17.8% | 1 | 0.92 | 38% | 2,785 | 83 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Mercy Health | 5% or greater indirect ownership interest | 100 | 2024-09 | chain |
| Mercy Health Southwest Missouri Kansas Communities | 5% or greater direct ownership interest | 100 | 2024-09 | |
| David Argueta | corporate director | 2026-01 | ||
| Denise Scoffic | corporate officer | 2026-01 | ||
| Dominic Meldi | corporate director | 2026-01 | ||
| Doug Fast | corporate officer | 2026-02 | ||
| Doug Fast | w-2 managing employee | 2026-02 | ||
| Jennifer Brown | corporate officer | 2026-01 | ||
| Jennifer Cohen | w-2 managing employee | 2025-07 | ||
| John Mohart | corporate director | 2024-09 | ||
| Patricia Gelbach | corporate director | 2026-01 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2024-09-01 | change of ownership | Mercy Hospital Pittsburg Inc | Ascension Via Christi Hospital... |
Who has been buying in KS
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 |
|---|---|---|---|---|
| 2024-09-01 | Mercy Hospital Pittsburg Inc | Ascension Via Christi Hospital... | Via Christi Hospital Pittsburg Inc. | 64 |
| 2023-08-26 | South Central Kansas Regional... | South Central Kansas Regional... | South Central Ks Regional Medical Ct | — |
| 2023-01-01 | Stormont Vail Health Flint Hills Llc | Geary County Hospital | Stormont Vail - Flint Hills | 43 |
| 2022-05-01 | Commonspirit Kansas Inc | Dodge City Healthcare Group Llc | St. Catherine Hospital - Dodge City | 99 |
| 2020-01-26 | Mercy Specialty Hospital Southeast Kansas | City Of Galena-Kansas | Mercy Specialty Hospital - Southeast | 26 |
| 2019-05-01 | Adventhealth Ransom Memorial Inc | Ransom Memorial Hospital | Adventhealth Ottawa | 36 |
| 2018-08-01 | Ukhs Great Bend Llc | Great Bend Regional Hospital Llc | Ukhs Great Bend Campus | 29 |