St. Luke Hospital
dba St Luke Hospital And Living Center ·
Marion, Marion County, KS
· CCN 171356
Licensed to Hospital District No 1 Marion Co
Composite
30.0
rank score
Distress
39
FY2023
Fit
31
vs thesis
Estimated ticket
$850K–$1.7M
10 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- operating margin below -10%
- occupancy below 30%
- margin deteriorating
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $14.2M |
| Operating margin | -19.0% |
| Total margin | 4.6% |
| Days cash on hand | 365 |
| Current ratio | 9.54 |
| Occupancy | 17% |
Facility
| Beds | 10 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 10 | $12.6M | $1.3M | -6.7% | 9.1% | 407 | 2.74 | 27% | 78 | 31 |
| 2021 | 10 | $14.2M | $6.5M | -11.3% | 29.2% | 318 | 7.07 | 26% | 100 | 37 |
| 2022 | 10 | $14.3M | $1.1M | -14.3% | 6.2% | 348 | 7.38 | 23% | 112 | 37 |
| 2023 | 10 | $14.2M | $813K | -19.0% | 4.6% | 365 | 9.54 | 17% | 86 | 39 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alex Haines | w-2 managing employee | 2023-08 | ||
| Bev Reid | w-2 managing employee | 2015-09 | ||
| Chris Mercer | corporate director | 2021-06 | ||
| Daniel Holub | corporate director | 2020-06 | ||
| Kathy Brenzikofer | corporate director | 2023-10 | ||
| Linda Carlson | corporate officer | 2023-06 | ||
| Roger Hannaford | corporate director | 2023-06 | ||
| Ryan Edmundson | corporate officer | 2025-06 | ||
| Travis Parmley | corporate officer | 2025-06 |
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 |
|---|---|---|---|---|
| 2021-01-01 | Kiowa County Memorial Hospital | Great Plains Of Kiowa Co Inc | Kiowa County Memorial Hosptial | 15 |
| 2020-07-01 | Saint Lukes Hospital Of Allen County Inc | Allen County Kansas Hospital | Allen County Regional Hospital | 25 |
| 2019-12-09 | Hillsboro Hospital Llc | Cah Acquisition Company 5 Llc | Hillsboro Community Hospital | 15 |