Mercy Health Lourdes Hospital Llc
dba Mercy Health-Lourdes Hospital ·
Paducah, Mc Cracken County, KY
· CCN 180102
Licensed to Mercy Health-Lourdes Hospital Llc
Composite
29.3
rank score
Distress
10
FY2023
Fit
62
vs thesis
Estimated ticket
$18.4M–$36.8M
184 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 90-150 days cash on hand
- margin deteriorating
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $319M |
| Operating margin | 11.4% |
| Total margin | 15.9% |
| Days cash on hand | 130 |
| Current ratio | 6.75 |
| Occupancy | 61% |
Facility
| Beds | 184 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 265 | $264M | $54.6M | 9.6% | 18.6% | 133 | 1.78 | 39% | 9,552 | 10 |
| 2021 | 265 | $283M | $64.1M | 13.1% | 20.7% | 132 | 4.13 | 42% | 10,066 | 10 |
| 2022 | 178 | $288M | $19.7M | 7.7% | 6.9% | 116 | 3.72 | 64% | 9,749 | 4 |
| 2023 | 184 | $319M | $53.7M | 11.4% | 15.9% | 130 | 6.75 | 61% | 9,837 | 10 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bon Secours Mercy Health Inc | 5% or greater direct ownership interest | 100 | 2020-01 | |
| Angel Davis-Reed | corporate director | 2023-01 | ||
| Brian Yanofchick | corporate director | 2023-01 | ||
| Caroline Korte | corporate director | 2014-02 | ||
| Charles Bohle | corporate director | 2010-08 | ||
| Cindy Erickson | corporate director | 2023-01 | ||
| David Culbertson | corporate director | 2017-08 | ||
| Ethan Witt | corporate director | 2025-01 | ||
| Glenn Denton | corporate director | 2020-01 | ||
| James Long | corporate director | 2017-08 | ||
| John Starcher | operational/managerial control | 2016-01 | ||
| Justin Dixon | corporate director | 2016-10 | ||
| Kevin Kauffeld | corporate director | 2025-01 | ||
| Kimberly Ralston | w-2 managing employee | 2017-10 | ||
| Michael Bezney | corporate director | 2023-01 | ||
| Michael Yungmann | corporate officer | 2017-01 | ||
| Michael Yungmann | corporate director | 2017-01 | ||
| Michael Yungmann | w-2 managing employee | 2017-01 | ||
| Roger Harris | corporate director | 2025-01 | ||
| Shonda Hollowell-Burrus | corporate director | 2022-01 | ||
| Staci Averill | corporate director | 2021-01 | ||
| Timothy Ranval | corporate director | 2024-01 |
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 |