Mercy Hospital - St. Louis
dba Mercy Hospital St Louis ·
St. Louis, St. Louis County, MO
· CCN 260020
Licensed to Mercy Hospitals East Communities
Composite
15.2
rank score
Distress
26
FY2024
Fit
61
vs thesis
Estimated ticket
$391M–$1.6B
782 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- margin deteriorating
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $1.5B |
| Operating margin | 15.3% |
| Total margin | 16.6% |
| Days cash on hand | 10 |
| Current ratio | 5.69 |
| Occupancy | 82% |
Facility
| Beds | 782 |
| 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 | 843 | $1.3B | $259M | 17.1% | 19.5% | 10 | 6.17 | 75% | 37,800 | 22 |
| 2022 | 843 | $1.3B | $215M | 14.5% | 16.3% | 10 | 5.31 | 78% | 37,171 | 22 |
| 2023 | 815 | $1.4B | $237M | 13.5% | 16.5% | 10 | 4.31 | 79% | 40,021 | 22 |
| 2024 | 782 | $1.5B | $257M | 15.3% | 16.6% | 10 | 5.69 | 82% | 41,827 | 26 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Mercy Health | 5% or greater indirect ownership interest | 100 | 2007-12 | chain |
| Mercy Health East Communities | 5% or greater direct ownership interest | 100 | 2009-09 | |
| David Argueta | corporate director | 2026-01 | ||
| David Meiners | corporate officer | 2021-10 | ||
| Denise Scoffic | corporate officer | 2021-07 | ||
| Dominic Meldi | corporate director | 2026-01 | ||
| Jennifer Brown | corporate officer | 2026-01 | ||
| John Mohart | corporate director | 2026-01 | ||
| Jonathan Sturgeon | corporate officer | 2026-01 | ||
| Jonathan Sturgeon | w-2 managing employee | 2026-01 | ||
| Patricia Gelbach | corporate director | 2026-01 | ||
| Stacie Farnam | w-2 managing employee | 2022-07 |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |