dealflow
envelope $200M

← Targets

Wesley Medical Center

Wichita, Sedgwick County, KS · CCN 170123
Licensed to Wesley Medical Center Llc

Composite
13.6
rank score
Distress
20
FY2023
Fit
58
vs thesis
Estimated ticket
$298M–$1.2B
597 beds · over envelope
Ownership
for-profit
STH

Why it ranks here

  • under 30 days cash on hand
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • very large — likely out of range
  • estimated price exceeds the capital envelope
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$813M
Operating margin 32.9%
Total margin 34.1%
Days cash on hand 3
Current ratio 2.73
Occupancy76%

Facility

Beds597
Facility typeSTH
Settingurban
Ownership classfor-profit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 588 $661M $158M 21.6% 23.3% 2 2.53 69% 32,658 22
2021 590 $702M $173M 22.3% 24.1% 2 2.74 74% 30,706 22
2022 568 $706M $179M 23.2% 24.8% 2 5.55 72% 29,990 22
2023 597 $813M $283M 32.9% 34.1% 3 2.73 76% 32,802 20

Owners

OwnerRole%SinceType
Ac Med Llc
Nashville, TN
5% or greater direct ownership interest 100 2015-01
Hca Healthcare Inc
Nashville, TN
5% or greater indirect ownership interest 100 2011-09
Hca Inc
Nashville, TN
5% or greater indirect ownership interest 100 2007-04 chain
Healthtrust Inc - The Hospital Company
Nashville, TN
5% or greater indirect ownership interest 100 2007-04
Frisco Holding Ii
Wilmington, DE
5% or greater indirect ownership interest 16 2026-02
Hercules Holding Ii
Nashville, TN
5% or greater indirect ownership interest 14 2016-09
Eric Smith contracted managing employee 2021-03
Hilda Dalfonso corporate officer 2025-10
Hilda Dalfonso w-2 managing employee 2025-10
William Voloch corporate director 2015-10
William Voloch w-2 managing employee 2013-05
William Voloch operational/managerial control 2015-10

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