dealflow
envelope $200M

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Uofl Health-Louisville

dba Uofl Health - Louisville · Louisville, KY · CCN 180040
Licensed to Uofl Health-Louisville Inc

Composite
14.2
rank score
Distress
30
FY2024
Fit
55
vs thesis
Estimated ticket
$394M–$1.6B
789 beds · over envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • very large — likely out of range
  • estimated price exceeds the capital envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$1.2B
Operating margin 2.2%
Total margin 4.9%
Days cash on hand 0
Current ratio 6.34
Occupancy69%

Facility

Beds789
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 731 $478M $154M 11.3% 26.6% 0 4.58 58% 16,536 24
2021 731 $881M $166M 11.1% 17.5% 0 1.09 63% 24,132 33
2022 789 $1.0B $165M 13.1% 15.6% 0 2.46 62% 33,094 22
2023 789 $1.1B $120M 7.8% 10.3% 0 3.87 68% 36,945 22
2024 789 $1.2B $57.9M 2.2% 4.9% 0 6.34 69% 40,274 30

Owners

OwnerRole%SinceType
Uofl Health, Inc.
Louisville, KY
5% or greater direct ownership interest 100 2019-09
Arthur Malkani corporate director 2020-02
Christopher Jones corporate director 2026-05
Jason Smith corporate officer 2025-07
Jason Smith corporate director 2025-07
Kenneth Marshall corporate officer 2019-11
Kirk Strack corporate officer 2023-07
Kirk Strack w-2 managing employee 2025-07
Louann Atlas corporate director 2020-02
Praveen Arla corporate director 2020-02
Richard Schultz corporate director 2020-02
Rodrigo Moreno Garcia corporate director 2026-05
Russell Williams corporate director 2020-02
University Of Louisville
Louisville, KY
operational/managerial control 2019-11
William Wagner corporate director 2020-02

Ownership changes

DateTypeBuyerSeller
2019-11-01 change of ownership Uofl Health-Louisville Inc Jewish Hospital & St. Mary's...

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.

DateBuyerSellerHospitalBeds
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