St. Francis Medical Center
dba Fmol Health| St. Francis ·
Monroe, LA
· CCN 190125
Licensed to St Francis Medical Center Inc
Composite
45.8
rank score
Distress
44
FY2024
Fit
65
vs thesis
Estimated ticket
$166M–$664M
332 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- under 30 days cash on hand
- margin deteriorating sharply
- 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 | $382M |
| Operating margin | -0.4% |
| Total margin | 4.0% |
| Days cash on hand | 19 |
| Current ratio | 1.93 |
| Occupancy | 67% |
Facility
| Beds | 332 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 324 | $286M | $66.6M | -1.0% | 19.2% | 117 | 2.21 | 58% | 11,734 | 27 |
| 2022 | 324 | $275M | $-15.5M | -19.4% | -5.0% | 38 | 1.79 | 55% | 11,594 | 59 |
| 2023 | 328 | $311M | $15.2M | -1.1% | 4.6% | 2 | 0.65 | 56% | 11,892 | 53 |
| 2024 | 332 | $382M | $16.2M | -0.4% | 4.0% | 19 | 1.93 | 67% | 14,103 | 44 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Andrew Leblanc | corporate officer | 2024-07 | ||
| Andrew Leblanc | w-2 managing employee | 2024-07 | ||
| Andrew Leblanc | operational/managerial control | 2024-07 | ||
| Carrie Baker | corporate officer | 2020-01 | ||
| Fmol-North American Providence Inc | 5% or greater direct ownership interest | 1968-11 | ||
| Francis Malone | corporate officer | 2022-01 | ||
| Franciscan Missionaries Of Our Lady Health System Inc | 5% or greater direct ownership interest | 1968-11 | ||
| Helen Cahill | corporate officer | 2012-01 | ||
| Henry Hinkle | corporate officer | 2012-01 | ||
| Janet Durden | corporate officer | 2018-01 | ||
| John Jones | corporate officer | 2020-01 | ||
| John Rea | corporate officer | 2012-01 | ||
| Lawrence Holland | corporate officer | 2012-01 | ||
| Rolf Morstead | corporate officer | 2012-01 | ||
| Ronald Berry | corporate officer | 2022-01 | ||
| Sherita Williams | corporate officer | 2022-01 | ||
| St Francis Medical Center Inc | operational/managerial control | 2013-08 | ||
| Tara Haney | corporate officer | 2022-01 | ||
| Thomas Gullatt | corporate officer | 2012-01 | ||
| Thomas Gullatt | w-2 managing employee | 2022-06 | ||
| Thomas Gullatt | operational/managerial control | 2022-06 | ||
| William Liles | corporate officer | 2022-01 | ||
| William Mercer | corporate officer | 2020-01 | ||
| William Smart | corporate officer | 2020-01 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2018-09-01 | acquisition/merger | St Francis Medical Center Inc | P & S Surgery Center Llc |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |