dealflow
envelope $200M

← Targets

Stormont-Vail Regional Health Center

dba Stormont Vail Hospital · Topeka, Shawnee County, KS · CCN 170086
Licensed to Stormont-Vail Healthcare Inc

Composite
13.9
rank score
Distress
31
FY2023
Fit
52
vs thesis
Estimated ticket
$221M–$884M
442 beds · over envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin negative
  • 30-60 days cash on hand
  • occupancy 45-60%
  • urban — higher occupancy and iteration surface
  • very large — likely out of range
  • estimated price exceeds the capital envelope
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$884M
Operating margin -0.1%
Total margin 8.4%
Days cash on hand 31
Current ratio 2.01
Occupancy56%

Facility

Beds442
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 450 $725M $55.2M 0.7% 7.1% 124 1.76 61% 23,436 11
2021 438 $812M $173M 1.4% 17.8% 93 2.01 61% 22,949 11
2022 438 $825M $-21.6M -2.0% -2.6% 37 1.74 60% 20,904 42
2023 442 $884M $81.4M -0.1% 8.4% 31 2.01 56% 20,014 31

Owners

OwnerRole%SinceType
Alonzo Harrison corporate director 2018-05
Amanda Kiefer corporate director 2024-10
Amy Kincade corporate officer 2016-10
Amy Kincade w-2 managing employee 2016-10
Angela Gamber corporate officer 2022-03
Anita Fry corporate officer 2021-09
Brenda Mills corporate director 2014-05
Chad Yeager corporate officer 2002-03
Clifton Jones corporate officer 2014-01
Clifton Jones w-2 managing employee 2014-01
Cynthia Hornberger corporate director 2020-04
James Schmank corporate director 2007-09
John Bachman corporate officer 2023-10
John Bachman w-2 managing employee 2023-10
Judy Corzine corporate officer 2019-08
Judy Corzine w-2 managing employee 2019-08
Kevin Dishman corporate officer 2019-03
Kevin Dishman corporate director 2019-03
Kevin Dishman w-2 managing employee 2008-07
Kevin Steck corporate officer 2019-04
Kevin Steck w-2 managing employee 2019-04
Mallory Mcintosh corporate director 2024-02
Mark Knackendoffel corporate director 2017-09
Mark Ruelle corporate director 2017-05
Mark Slyter corporate officer 2025-05

Showing 25 of 47. Full list via /api/targets/170086.

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.

DateBuyerSellerHospitalBeds
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