Saint Joseph Mount Sterling
dba Chi Saint Joseph Mount Sterling ·
Mt. Sterling, Montgomery County, KY
· CCN 180064
Licensed to Saint Joseph Health System Inc
Composite
24.8
rank score
Distress
2
FY2024
Fit
55
vs thesis
Estimated ticket
$4.2M–$8.4M
42 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- occupancy 45-60%
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $102M |
| Operating margin | 24.7% |
| Total margin | 25.8% |
| Days cash on hand | 187 |
| Current ratio | 6.65 |
| Occupancy | 47% |
Facility
| Beds | 42 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 42 | $56.0M | $-1.6M | -5.0% | -2.7% | 162 | 3.54 | 49% | 1,608 | 32 |
| 2022 | 42 | $60.1M | $-3.5M | -7.2% | -5.7% | 126 | 3.01 | 58% | 1,675 | 41 |
| 2023 | 42 | $64.2M | $-1.7M | -5.4% | -2.5% | 108 | 4.19 | 49% | 1,780 | 37 |
| 2024 | 42 | $102M | $26.8M | 24.7% | 25.8% | 187 | 6.65 | 47% | 1,904 | 2 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Commonspirit Health | 5% or greater indirect ownership interest | 100 | 2012-01 | chain |
| Kentuckyone Health Inc | 5% or greater direct ownership interest | 100 | 2012-01 | |
| Adeline Fehribach | corporate director | 2022-01 | ||
| Christy Spitser | corporate officer | 2023-01 | ||
| Christy Spitser | w-2 managing employee | 2015-02 | ||
| Daniel Morissette | corporate officer | 2019-02 | ||
| 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 |