dealflow
envelope $200M

← Targets

Saint Joseph East

dba Chi Saint Joseph East · Lexington, Fayette County, KY · CCN 180143
Licensed to Saint Joseph Health System Inc

Composite
30.2
rank score
Distress
5
FY2024
Fit
70
vs thesis
Estimated ticket
$69.0M–$276M
138 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • occupancy 30-45%
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$219M
Operating margin 10.6%
Total margin 12.7%
Days cash on hand 265
Current ratio 19.99
Occupancy32%

Facility

Beds138
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
2021 160 $221M $21.4M 4.3% 9.2% 486 9.00 47% 5,857 2
2022 160 $219M $14.0M 1.5% 6.1% 573 18.24 46% 5,741 9
2023 138 $209M $14.0M 2.6% 6.4% 140 11.04 43% 5,543 10
2024 138 $219M $28.6M 10.6% 12.7% 265 19.99 32% 5,666 5

Owners

OwnerRole%SinceType
Commonspirit Health
Englewood, CO
5% or greater indirect ownership interest 100 2012-01
Kentuckyone Health Inc
Lexington, KY
5% or greater direct ownership interest 100 2012-01
Adeline Fehribach corporate director 2022-01
Christy Spitser corporate officer 2015-01
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.

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