Saint Francis Medical Center
Cape Girardeau, MO
· CCN 260183
Licensed to Saint Francis Medical Center
Composite
52.9
rank score
Distress
57
FY2024
Fit
68
vs thesis
Estimated ticket
$120M–$479M
282 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- under 30 days cash on hand
- current liabilities exceed current assets
- occupancy 30-45%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size at the top of the envelope — would need leverage
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $572M |
| Operating margin | -1.8% |
| Total margin | 16.2% |
| Days cash on hand | 25 |
| Current ratio | 0.99 |
| Occupancy | 38% |
Facility
| Beds | 282 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 282 | $498M | $184M | 0.4% | 26.6% | 33 | 0.87 | 42% | 8,547 | 38 |
| 2022 | 282 | $509M | $-120M | -7.9% | -28.5% | 35 | 0.57 | 44% | 8,135 | 74 |
| 2023 | 282 | $557M | $96.2M | -1.3% | 14.6% | 33 | 0.93 | 40% | 8,281 | 47 |
| 2024 | 282 | $572M | $112M | -1.8% | 16.2% | 25 | 0.99 | 38% | 7,933 | 57 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adam Kidd | corporate director | 2021-06 | ||
| Dennis Vollink | corporate director | 2018-05 | ||
| Gina Raffety | corporate director | 2021-06 | ||
| James Bollinger | corporate director | 2021-06 | ||
| Janet Varnon | corporate director | 2021-06 | ||
| Jeffrey Hotop | corporate director | 2022-08 | ||
| Joseph Mclane | corporate director | 2021-06 | ||
| Justin Davison | corporate officer | 2021-06 | ||
| Justin Davison | corporate director | 2020-01 | ||
| Justin Davison | w-2 managing employee | 2021-06 | ||
| Kathy Swan | corporate director | 2021-09 | ||
| Kevin Govero | corporate director | 2014-07 | ||
| Kimberly Gilliland | w-2 managing employee | 2021-06 | ||
| Laura Younghouse | corporate director | 2021-06 | ||
| Mike Himmelberg | corporate director | 2021-08 | ||
| Saint Francis Medical Center | operational/managerial control | 2007-10 | ||
| Steven Dirnberger | corporate director | 2021-06 |
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 |