St Patrick Hospital
dba Providence St Patrick Hospital ·
Missoula, Missoula County, MT
· CCN 270014
Licensed to Providence Health & Services Mt
Composite
37.9
rank score
Distress
17
FY2023
Fit
71
vs thesis
Estimated ticket
$103M–$412M
206 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- margin slipping
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size at the top of the envelope — would need leverage
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $434M |
| Operating margin | -1.9% |
| Total margin | 5.1% |
| Days cash on hand | 184 |
| Current ratio | 7.83 |
| Occupancy | 68% |
Facility
| Beds | 206 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 209 | $346M | $23.9M | -3.4% | 6.3% | 1 | 0.74 | 62% | 9,356 | 51 |
| 2021 | 209 | $385M | $32.8M | -0.8% | 7.8% | 1 | 0.86 | 69% | 9,753 | 47 |
| 2022 | 206 | $397M | $-13.1M | -6.2% | -3.2% | 49 | 2.97 | 69% | 9,526 | 51 |
| 2023 | 206 | $434M | $23.6M | -1.9% | 5.1% | 184 | 7.83 | 68% | 9,915 | 17 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Providence Health & Services Mt | 5% or greater direct ownership interest | 100 | 2010-01 | |
| Anna Newsom | corporate officer | 2022-05 | ||
| Charles Sorenson | corporate officer | 2019-01 | ||
| Darryl Elmouchi | corporate officer | 2025-04 | ||
| Diane Hejna | corporate director | 2016-07 | ||
| Donald Anderson | corporate officer | 2017-01 | ||
| Donna Markham | corporate director | 2024-01 | ||
| Eric Sprunk | corporate director | 2022-01 | ||
| Gregory Hoffman | corporate officer | 2020-10 | ||
| Isiaah Crawford | corporate director | 2012-02 | ||
| James Martin | corporate officer | 2023-01 | ||
| Joel Gilbertson | w-2 managing employee | 2021-03 | ||
| Karin Dufault | corporate director | 2025-01 | ||
| Kirk Bodlovic | w-2 managing employee | 2011-01 | ||
| Linda Buck | corporate director | 2025-01 | ||
| Marvin O'quinn | corporate director | 2024-01 | ||
| Mary Beth Kingston | corporate director | 2022-09 | ||
| Mary Lyons | corporate director | 2016-07 | ||
| Michael Murphy | corporate director | 2020-01 | ||
| Phyllis Hughes | corporate director | 2014-01 | ||
| Providence Health & Services | operational/managerial control | 2008-08 | ||
| Providence Health & Services - Washington | operational/managerial control | 1966-01 | chain | |
| Providence St. Joseph Health | other | 2016-07 | ||
| Richard Blair | corporate director | 2016-07 | ||
| Rogelio Riojas | corporate director | 2025-01 |
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 MT
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 |
|---|---|---|---|---|
| 2021-01-01 | Kalispell Regional Medical Center Inc | Healthcenter Northwest Llc | Logan Health Medical Center | 210 |
| 2016-01-01 | Bozeman Health Deaconess Hospital | Bozeman Deaconess Health Services | Bozeman Deaconess Health Services | 139 |