Saint John Hospital
Leavenworth, Leavenworth County, KS
· CCN 170009
Licensed to Prime Healthcare Services - Saint John Leavenworth Llc
Composite
66.0
rank score
Distress
97
FY2023
Fit
56
vs thesis
Estimated ticket
$7.7M–$30.8M
22 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy 30-45%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- very small facility
- small ticket — deploys little of the available capital
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $27.4M |
| Operating margin | -19.4% |
| Total margin | -17.6% |
| Days cash on hand | 14 |
| Current ratio | 0.20 |
| Occupancy | 37% |
Facility
| Beds | 22 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 22 | $25.4M | $-1.2M | -11.7% | -4.4% | 17 | 0.30 | 52% | 1,111 | 89 |
| 2021 | 22 | $30.6M | $2.5M | 3.4% | 7.9% | 12 | 0.34 | 38% | 1,041 | 52 |
| 2022 | 22 | $26.9M | $-5.0M | -20.8% | -18.0% | 12 | 0.17 | 39% | 932 | 97 |
| 2023 | 22 | $27.4M | $-4.9M | -19.4% | -17.6% | 14 | 0.20 | 37% | 939 | 97 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Prime Healthcare Services, Inc | 5% or greater direct ownership interest | 100 | 2013-01 | |
| Prime Healthcare Services, Inc | operational/managerial control | 100 | 2013-04 | |
| Christopher Doan | corporate officer | 2017-09 | ||
| Luis Leon | corporate officer | 2023-09 | ||
| Luis Leon | corporate director | 2023-09 | ||
| Luis Leon | w-2 managing employee | 2023-09 | ||
| Steven Aleman | other | 2020-06 |
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 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 |