dealflow
envelope $200M

← Targets

Ssm Health-St. Marys-Jefferson City

dba Ssm Health St Marys Hospital Jefferson City · Jefferson City, Cole County, MO · CCN 260011
Licensed to Ssm Regional Health Services

Composite
71.5
rank score
Distress
87
FY2023
Fit
81
vs thesis
Estimated ticket
$49.0M–$196M
140 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • occupancy 45-60%
  • margin slipping
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$136M
Operating margin -26.0%
Total margin -20.6%
Days cash on hand 0
Current ratio 0.05
Occupancy50%

Facility

Beds140
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 167 $148M $-33.3M -34.0% -20.1% 52 1.39 40% 5,995 70
2021 167 $146M $-62.7M -44.9% -42.2% 1 0.28 40% 7,059 97
2022 167 $137M $-37.0M -29.2% -26.4% 0 0.13 42% 6,603 97
2023 140 $136M $-29.4M -26.0% -20.6% 0 0.05 50% 6,793 87

Owners

OwnerRole%SinceType
Ssm Health Care Corporation
Saint Louis, MO
5% or greater indirect ownership interest 100 2000-01
Ssm Regional Health Services
Saint Louis, MO
5% or greater direct ownership interest 100 2000-01
Douglas Long corporate officer 2019-06
Eileen Lamm corporate officer 2020-03
Eileen Lamm operational/managerial control 2020-03
Karen Rewerts corporate officer 2010-05
Karen Rewerts operational/managerial control 2014-10
Laura Kaiser corporate officer 2017-05
Shasta Manuel corporate officer 2023-11
Shasta Manuel operational/managerial control 2023-11
Steven Smoot corporate director 2018-09
Timothy Buller corporate director 2014-10
Timothy Buller operational/managerial control 2014-10

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