dealflow
envelope $200M

← Targets

University Health Lakewood Med Ctr

dba University Health Lakewood Medical Center · Kansas City, Jackson County, MO · CCN 260102
Licensed to Truman Medical Center Incorporated

Composite
72.9
rank score
Distress
90
FY2024
Fit
81
vs thesis
Estimated ticket
$41.0M–$164M
117 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 liabilities exceed current assets
  • liabilities exceed assets
  • occupancy 45-60%
  • margin deteriorating sharply
  • 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 · FY2024

Net patient revenue$196M
Operating margin -20.9%
Total margin -45.7%
Days cash on hand 0
Current ratio 0.88
Occupancy46%

Facility

Beds117
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
2021 117 $290M $120M 29.1% 36.9% 1 0.34 52% 4,143 49
2022 117 $178M $-7.4M -14.2% -3.8% 0 0.38 49% 3,966 89
2023 117 $159M $-78.8M -34.6% -45.0% 0 490.55 41% 3,729 72
2024 117 $196M $-74.3M -20.9% -45.7% 0 0.88 46% 3,896 90

Owners

OwnerRole%SinceType
Truman Medical Center Incorporated
Kansas City, MO
5% or greater direct ownership interest 100 1966-01
A.j. Hermann corporate director 2023-07
Akin Cil corporate director 2021-07
Alexander Norbash corporate director 2024-07
Benjamin Jones corporate director 2021-07
Beth Rosemergey corporate director 2023-07
Bonnaye Mims corporate director 2021-07
Charles Shields corporate officer 2014-07
Charles Shields w-2 managing employee 2010-07
Clyde Mcqueen corporate director 2024-07
Eileen Weir corporate director 2018-07
Guy Collier corporate director 2025-07
Jay Howard corporate director 2024-07
Jignesh Shah corporate director 2024-07
Jolie Justus corporate officer 2020-03
Jolie Justus w-2 managing employee 2020-03
Jon Otto corporate director 2016-07
Kamani Lankachandra corporate director 2024-07
Kimberly Beatty corporate director 2024-07
Laura Shockley corporate director 2025-10
Laura Shockley w-2 managing employee 2005-08
Lauren Arthur corporate director 2023-07
Madeleine Mcdonough corporate director 2024-07
Margaret Gibson corporate director 2023-07
Mark Steele w-2 managing employee 2009-11

Showing 25 of 35. Full list via /api/targets/260102.

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