Ssm Saint Louis University Hospital
dba Ssm Health Saint Louis University Hospital ·
St. Louis, MO
· CCN 260105
Licensed to Ssm-Sluh Inc
Composite
62.6
rank score
Distress
76
FY2023
Fit
71
vs thesis
Estimated ticket
$128M–$512M
366 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- margin slipping
- 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 · FY2023
| Net patient revenue | $803M |
| Operating margin | -8.4% |
| Total margin | -3.7% |
| Days cash on hand | 0 |
| Current ratio | 0.23 |
| Occupancy | 87% |
Facility
| Beds | 366 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 292 | $601M | $-18.2M | -9.6% | -2.8% | 0 | 0.19 | 83% | 12,614 | 73 |
| 2021 | 310 | $694M | $9.6M | -7.2% | 1.3% | 0 | 0.20 | 84% | 13,951 | 69 |
| 2022 | 317 | $772M | $-4.9M | -6.4% | -0.6% | 0 | 0.69 | 91% | 14,341 | 73 |
| 2023 | 366 | $803M | $-31.4M | -8.4% | -3.7% | 0 | 0.23 | 87% | 23,767 | 76 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ssm Health Care St Louis | 5% or greater direct ownership interest | 100 | 2015-09 | |
| Ssm Health Care Corporation | 5% or greater indirect ownership interest | 85 | 2015-09 | |
| St Louis University | 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 | ||
| Jan Cerny | corporate officer | 2021-04 | ||
| Jeremy Fotheringham | corporate director | 2021-04 | ||
| Joseph Yancey | corporate director | 2021-04 | ||
| Kevin Elledge | corporate director | 2021-04 | ||
| Kevin Smith | corporate officer | 2023-10 | ||
| Laura Kaiser | corporate officer | 2017-05 | ||
| Snehal Gandhi | corporate director | 2017-12 | ||
| Steven Smoot | corporate officer | 2020-01 | ||
| Steven Smoot | corporate director | 2018-09 | ||
| Timothy Buller | corporate officer | 2015-09 | ||
| Timothy Buller | operational/managerial control | 2015-09 | ||
| Timothy Johnson | corporate director | 2021-12 |
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 |