dealflow
envelope $200M

← Targets

Ssm Health St. Joseph Hospital - Sc

dba Ssm Health St Joseph Hospital - St Charles · St. Charles, St. Charles County, MO · CCN 260005
Licensed to Ssm Health Care St Louis

Composite
57.6
rank score
Distress
72
FY2023
Fit
63
vs thesis
Estimated ticket
$134M–$538M
384 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • total margin below -8%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • occupancy 30-45%
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • large — ticket likely stretches the envelope
  • ticket size well above the envelope
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$-1
Operating margin 34,083,785,700.0%
Total margin -661.4%
Days cash on hand 0
Current ratio 0.07
Occupancy35%

Facility

Beds384
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $350K
Per-bed (high) $1.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 384 $205M $13.0M -26.9% 4.8% 0 0.45 37% 10,026 73
2021 384 $-259M 37% 9,682
2022 384 $223M $-17.8M -22.1% -7.0% 0 0.13 38% 9,285 92
2023 384 $-1 $-296M 34,083,785,700.0% -661.4% 0 0.07 35% 11,005 72

Owners

OwnerRole%SinceType
Ssm Health Care St Louis
Saint Louis, MO
5% or greater direct ownership interest 100 1984-09
Ssm Health Care Corporation
Saint Louis, MO
5% or greater indirect ownership interest 85 2015-09
St Louis University
Saint Louis, MO
5% or greater indirect ownership interest 15 2015-09
Christine Jacobs corporate director 2021-12
Dennis Harms corporate director 2019-06
Douglas Long corporate officer 2019-06
Douglass Petty corporate director 2019-06
Eileen Lamm corporate officer 2020-03
Eileen Lamm operational/managerial control 2020-03
Jacob Brooks corporate officer 2022-01
Jacob Brooks operational/managerial control 2022-01
Jan Cerny corporate officer 2021-04
Jan Cerny corporate director 2015-09
Jeremy Fotheringham corporate officer 2021-04
Jeremy Fotheringham corporate director 2021-04
Joseph Yancey corporate director 2021-04
Kevin Elledge corporate director 2021-04
Laura Kaiser corporate officer 2017-05
Randall Combs corporate officer 2021-04
Snehal Gandhi corporate director 2017-05
Ssm Health Care St Louis
Saint Louis, MO
operational/managerial control 2015-10
Steven Smoot corporate officer 2020-01
Steven Smoot corporate director 2018-08
Timothy Buller corporate officer 2015-09
Timothy Buller operational/managerial control 2013-10

Showing 25 of 26. Full list via /api/targets/260005.

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 MO

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 New Liberty Hospital Corporation New Liberty Hospital District Liberty Hospital 199
2024-01-01 Curators Of The University Of Missouri Capital Region Medical Center Univ Of Missouri Health Care 665
2024-01-01 Curators Of The University Of Missouri Capital Region Medical Center Univ Of Missouri Health Care 665