dealflow
envelope $200M

← Targets

Saint Lukes Hospital Of Kansas City

dba St Lukes Hospital Of Kansas City · Kansas City, Jackson County, MO · CCN 260138
Licensed to St Lukes Hospital Of Kansas City

Composite
15.5
rank score
Distress
32
FY2023
Fit
61
vs thesis
Estimated ticket
$239M–$956M
478 beds · over envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin -10% to -5%
  • 60-90 days cash on hand
  • margin slipping
  • 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 · FY2023

Net patient revenue$977M
Operating margin -8.3%
Total margin 8.7%
Days cash on hand 68
Current ratio 2.98
Occupancy74%

Facility

Beds478
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 472 $791M $103M -8.9% 10.6% 131 2.17 71% 20,075 27
2021 468 $899M $144M -5.5% 13.1% 119 2.54 74% 20,765 27
2022 466 $884M $-74.5M -12.4% -8.2% 70 3.14 74% 19,074 54
2023 478 $977M $101M -8.3% 8.7% 68 2.98 74% 19,099 32

Owners

OwnerRole%SinceType
Bjc Health System
Saint Louis, MO
5% or greater indirect ownership interest 100 2024-01
Saint Lukes Health System Inc
Kansas City, MO
5% or greater direct ownership interest 100 1996-06
Alison Armistead corporate director 2020-01
Amy Mcanarney corporate director 2020-01
Amy Nachtigal corporate officer 2011-01
Amy Nachtigal w-2 managing employee 2011-01
Blake Hodges corporate director 2018-01
Camille Honesty corporate director 2019-01
Carmen Kynard corporate director 2022-01
Carolyn Downham corporate director 2020-01
Courtney Barton corporate director 2023-01
David Hall corporate director 2020-01
David Powell corporate director 2019-01
Diane Bruce corporate director 2022-01
Elaine Koch corporate director 2019-01
Grover Simpson corporate director 2024-01
James Burcham corporate director 2022-01
Jani Johnson corporate officer 2015-07
Jani Johnson corporate director 2015-07
Jani Johnson w-2 managing employee 2015-07
Julie Quirin corporate officer 2024-01
Kalista Engelman corporate director 2022-01
Lacey Maughan corporate director 2024-01
Leanna Mosher corporate director 2018-01
Leigh Nottberg corporate director 2022-01

Showing 25 of 32. Full list via /api/targets/260138.

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