Stormont Vail - Flint Hills
dba Stormont Vail Health, Flint Hills ·
Junction City, Geary County, KS
· CCN 170074
Licensed to Stormont Vail Health Flint Hills Llc
Already transacted. CMS recorded an ownership change effective
2023-01-01. Confirm the current owner before spending a call on this.
Composite
17.4
rank score
Distress
72
FY2023
Fit
43
vs thesis
Estimated ticket
$3.0M–$6.0M
43 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- under 30 days cash on hand
- current ratio below 0.8
- debt above 85% of 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
- government-owned — public process likely
- changed ownership 2023-01-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $23.9M |
| Operating margin | -28.4% |
| Total margin | 9.7% |
| Days cash on hand | 0 |
| Current ratio | 0.54 |
| Occupancy | 15% |
Facility
| Beds | 43 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| 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 | 49 | $33.0M | $-1.9M | -29.3% | -4.8% | 62 | 0.82 | 19% | 785 | 72 |
| 2022 | 49 | $35.3M | $4.1M | -28.1% | 8.3% | 10 | 1.08 | 19% | 769 | 62 |
| 2023 | 43 | $23.9M | $3.3M | -28.4% | 9.7% | 0 | 0.54 | 15% | 525 | 72 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Stormont-Vail Healthcare Inc | 5% or greater direct ownership interest | 100 | 2023-01 | |
| Mark Slyter | corporate officer | 2025-05 | ||
| Mark Slyter | w-2 managing employee | 2025-05 | ||
| Timothy Shultz | corporate director | 2021-01 | ||
| Timothy Shultz | w-2 managing employee | 2023-01 | ||
| Todd Lutz | corporate director | 2023-07 | ||
| Todd Lutz | w-2 managing employee | 2023-07 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2023-01-01 | change of ownership | Stormont Vail Health Flint Hills Llc | Geary County 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 |