dealflow
envelope $200M

← Targets

St. Louis Forensic Treatment Center

dba St Louis Forensic Treatment Center · St.louis, MO · CCN 264010
Licensed to State Of Missouri

Composite
72.4
rank score
Distress
86
FY2024
Fit
84
vs thesis
Estimated ticket
$49.1M–$196M
255 beds · within envelope
Ownership
government
PH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • large — ticket likely stretches the envelope
  • ticket size uses the capital envelope well
  • strong occupancy — good iteration surface
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$40.3M
Operating margin -112.3%
Total margin -112.2%
Days cash on hand
Current ratio
Occupancy98%

Facility

Beds255
Facility typePH
Settingurban
Ownership classgovernment
Per-bed (low) $192K
Per-bed (high) $770K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 230 $40.2M $-3.5M -22.1% -7.7% 99% 73 75
2022 230 $45.4M $-15.7M -22.0% -32.7% 97% 100 83
2023 255 $45.0M $-36.9M -81.9% -81.8% 94% 91 83
2024 255 $40.3M $-45.2M -112.3% -112.2% 98% 112 86

Owners

OwnerRole%SinceType
State Of Missouri
Jefferson City, MO
5% or greater direct ownership interest 100 1966-07
Amy Taylor w-2 managing employee 2019-07
David Thomas w-2 managing employee 2018-10
Gloria Gehlert w-2 managing employee 2016-04
Holly Coil w-2 managing employee 2019-10
Jennifer Bax w-2 managing employee 2023-07
Kathryn Thumann w-2 managing employee 2025-01
Kimberly Feaman w-2 managing employee 2019-06
Molly Boeckmann corporate director 2020-07

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.