dealflow
envelope $200M

← Targets

St. Frances Cabrini Hospital

dba Christus St. Frances Cabrini Hospital · Alexandria, LA · CCN 190019
Licensed to Christus Health Central Louisiana

Composite
36.9
rank score
Distress
20
FY2024
Fit
65
vs thesis
Estimated ticket
$133M–$532M
266 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • large — ticket likely stretches the envelope
  • ticket size well above the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$360M
Operating margin 2.1%
Total margin 7.0%
Days cash on hand 0
Current ratio 3.78
Occupancy68%

Facility

Beds266
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 268 $308M $17.2M 10.9% 5.4% 0 -0.75 57% 11,008 38
2022 268 $318M $12.9M -4.1% 3.8% 0 1.94 65% 11,776 38
2023 268 $363M $27.7M 2.3% 7.2% 0 2.53 65% 12,187 22
2024 266 $360M $26.6M 2.1% 7.0% 0 3.78 68% 13,070 20

Owners

OwnerRole%SinceType
Christus Health
Irving, TX
5% or greater direct ownership interest 100 1999-02 chain
Adaku Ogbuji corporate director 2023-01
Aloysia Ducote corporate director 2014-01
Fadi Nasrallah corporate director 2024-02
Monte Wilson corporate officer 2021-05
Monte Wilson w-2 managing employee 2021-05
Sonia Acosta corporate director 2024-09

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 LA

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2024-10-30 Hsa Glenwood Llc Iasis Glenwood Regional Medical Center Lp Glenwood Regional Medical Center 212
2022-04-01 Ochsner American Legion Hospital, Llc Jennings American Legion Hospital Inc Ochsner American Legion Hospital 49
2020-07-01 Clhg-Ruston Llc Ruston Louisiana Hospital Company Llc North Louisiana Medical Center 122
2019-10-01 Thibodaux Regional Health System Inc Hospital Service District No. 3 Thibodaux Regional Health System 170
2019-10-01 Ochsner Morgan City Llc Phc-Morgan City Lp Ochsner St. Mary 105
2019-03-01 Our Lady Of Lourdes Regional... The Regional Health System Of Acadiana, Llc Our Lady Of Lourdes Rmc 383
2019-03-01 Our Lady Of The Lake Hospital Inc Our Lady Of The Lake Ascension... Our Lady Of The Lake Rmc 647
2018-10-01 University Health Shreveport, Llc Brfhh Shreveport Llc Ochsner Lsu Health Shreveport 237
2018-09-01 St Francis Medical Center Inc P & S Surgery Center Llc St. Francis Medical Center 332
2018-08-01 Clhg - Minden, Llc Phc - Minden, Lp Minden Medical Center 129
2018-08-01 Clhg-Ville Platte Llc Ville Platte Medical Center Llc Mercy Regional Medical Center 27
2017-10-01 Willis Knighton Medical Center, Inc. Willis Knighton Medical Center, Inc. Willis-Knighton Health Systems 674