Kindred Hospital St. Louis
dba Kindred Hospital St. Louis South ·
St. Louis, St. Louis City County, MO
· CCN 262010
Licensed to Kindred Hospitals East Llc
Composite
67.3
rank score
Distress
81
FY2024
Fit
77
vs thesis
Estimated ticket
$20.6M–$82.3M
98 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- current ratio under 1.5
- liabilities exceed assets
- occupancy 45-60%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- bed count in the target band
- ticket size somewhat below the envelope
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $30.1M |
| Operating margin | -21.4% |
| Total margin | -17.4% |
| Days cash on hand | — |
| Current ratio | 1.31 |
| Occupancy | 47% |
Facility
| Beds | 98 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $210K |
| Per-bed (high) | $840K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 92 | $33.9M | $648K | 1.8% | 1.9% | 0 | 0.81 | 53% | 699 | 54 |
| 2022 | 98 | $31.5M | $-4.6M | -14.9% | -14.6% | 0 | 1.05 | 50% | 584 | 83 |
| 2023 | 98 | $34.0M | $-2.2M | -8.1% | -6.4% | 0 | 1.17 | 50% | 549 | 73 |
| 2024 | 98 | $30.1M | $-5.4M | -21.4% | -17.4% | — | 1.31 | 47% | 543 | 81 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kentucky Hospital Holdings Jv Lp | 5% or greater indirect ownership interest | 100 | 2018-07 | |
| Kentucky Hospital Holdings Llc | 5% or greater indirect ownership interest | 100 | 2018-07 | |
| Kentucky Hospital Intermediate Llc | 5% or greater indirect ownership interest | 100 | 2018-07 | |
| Kindred Healthcare Llc | 5% or greater indirect ownership interest | 100 | 1998-03 | |
| Kindred Healthcare Operating Llc | 5% or greater direct ownership interest | 100 | 1998-02 | |
| Knight Health Holdings Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| Knight Health Llc | 5% or greater indirect ownership interest | 100 | 2021-12 | |
| Dana Rock | corporate officer | 2024-12 | ||
| Deanna Schiavone | corporate officer | 2022-08 | ||
| Johnetta Traylor | corporate officer | 2024-12 | ||
| Kevin Shrake | operational/managerial control | 2019-05 | ||
| Michael Bean | corporate officer | 2015-07 | ||
| Michael Moody | corporate officer | 2022-01 | ||
| Scott Graeser | corporate officer | 2022-08 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.