Saint Joseph Hospital
dba Chi Saint Joseph Hospital ·
Lexington, Fayette County, KY
· CCN 180010
Licensed to Saint Joseph Health System Inc
Composite
59.0
rank score
Distress
69
FY2024
Fit
70
vs thesis
Estimated ticket
$113M–$454M
267 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- 30-60 days cash on hand
- current ratio below 0.8
- margin deteriorating
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size at the top of the envelope — would need leverage
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $374M |
| Operating margin | -12.2% |
| Total margin | -4.9% |
| Days cash on hand | 35 |
| Current ratio | 0.75 |
| Occupancy | 76% |
Facility
| Beds | 267 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 252 | $300M | $-3.3M | -11.3% | -1.0% | 87 | 0.83 | 67% | 10,050 | 59 |
| 2022 | 255 | $311M | $-29.3M | -19.9% | -8.5% | 0 | 0.39 | 70% | 10,296 | 88 |
| 2023 | 252 | $323M | $-27.0M | -17.3% | -7.7% | 0 | 0.35 | 72% | 11,519 | 80 |
| 2024 | 267 | $374M | $-19.8M | -12.2% | -4.9% | 35 | 0.75 | 76% | 13,233 | 69 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Commonspirit Health | 5% or greater indirect ownership interest | 100 | 2012-01 | |
| Kentuckyone Health Inc | 5% or greater direct ownership interest | 100 | 2012-01 | |
| Adeline Fehribach | corporate director | 2022-01 | ||
| Christy Spitser | corporate officer | 2017-10 | ||
| Christy Spitser | w-2 managing employee | 2022-01 | ||
| Daniel Rodrigue | corporate director | 2022-01 | ||
| Daryl Love | corporate director | 2025-07 | ||
| Donald Hearne | corporate officer | 2025-07 | ||
| Granetta Blevins | corporate director | 2025-07 | ||
| Jane Chiles | corporate director | 2012-01 | ||
| Kim Potter-Blair | corporate director | 2022-01 | ||
| Martha Jones | corporate director | 2013-07 | ||
| Mary-Alicha Weldon | corporate director | 2022-01 | ||
| Matthew Brown | corporate officer | 2025-07 | ||
| Matthew Brown | corporate director | 2025-07 | ||
| Matthew Grimshaw | corporate director | 2025-07 | ||
| Melissa Murphy | corporate director | 2022-01 | ||
| Monica Kennison | corporate director | 2025-07 | ||
| Terika Mbanu | corporate director | 2025-07 | ||
| Thomas Kopfensteiner | corporate director | 2025-07 | ||
| Winston Griffin | corporate director | 2022-01 |
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 KY
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 |
|---|---|---|---|---|
| 2024-07-01 | Bowling Green-Warren County... | Logan Memorial Hospital Llc | Logan Memorial Hospital | 37 |
| 2021-12-01 | Arh Tug Valley Health Services Inc | Paintsville Hospital Company Llc | Paintsville Arh Hospital | 39 |
| 2021-01-01 | Owensboro Health Twin Lakes... | Grayson County Hospital Foundation Inc | Owensboro Health Twin Lakes Medical | 49 |
| 2020-09-01 | Baptist Healthcare System Inc | Hardin Memorial Hospital | Baptist Health Hardin | 271 |
| 2019-11-01 | Uofl Health-Louisville Inc | Jewish Hospital & St. Mary's... | Uofl Health-Louisville | 789 |
| 2019-11-01 | Uofl Health-Shelbyville Inc | Jewish Hospital & St. Mary's... | Uofl Health-Shelbyville | 32 |
| 2019-09-01 | Baptist Healthcare System Inc | Baptist Health Richmond Inc | Baptist Health Richmond | 53 |
| 2019-08-01 | Arh Tug Valley Health Services Inc | Highlands Hospital Corp | Highlands Regional Medical Center | 63 |
| 2016-02-11 | T J Health Columbia Inc | Adair County Hospital District | Tj Health Columbia | 49 |