dealflow
envelope $200M

← Targets

Saint James Healthcare

dba Intermountain Health St. James Hospital · Butte, Silver Bow County, MT · CCN 270017
Licensed to St James Healthcare

Composite
52.2
rank score
Distress
63
FY2023
Fit
55
vs thesis
Estimated ticket
$5.9M–$11.7M
69 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin -10% to -5%
  • total margin -8% to -3%
  • under 30 days cash on hand
  • occupancy 45-60%
  • margin deteriorating sharply
  • part of a multi-hospital chain — divestiture candidate
  • rural — cheaper but limited density
  • bed count in the target band
  • very small ticket — sub-scale as a platform asset
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$134M
Operating margin -5.8%
Total margin -7.1%
Days cash on hand 0
Current ratio 4.74
Occupancy46%

Facility

Beds69
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 69 $136M $10.7M 0.3% 7.2% 0 2.43 61% 3,161 29
2021 69 $156M $11.2M -2.0% 6.3% 0 1.23 63% 3,279 41
2022 69 $165M $738K -7.9% 0.4% 0 4.26 49% 2,857 50
2023 69 $134M $-9.8M -5.8% -7.1% 0 4.74 46% 2,693 63

Owners

OwnerRole%SinceType
Sisters Of Charity Of Leavenworth Health System Inc
Broomfield, CO
5% or greater direct ownership interest 100 1972-12
Alexander Edwards corporate director 2020-01
Bernard Mccarthy corporate director 2019-01
Charles Notbohm corporate director 2020-01
Cindy Sorich corporate director 2017-01
Colleen O'leary corporate director 2019-01
Danette Gleason corporate director 2016-01
Evan Romrell corporate director 2025-08
Intermountain Health Care, Inc
Salt Lake City, UT
operational/managerial control 2022-04 chain
Janet Hurley corporate director 2020-01
Karen Costello corporate officer 2024-02
Karen Costello w-2 managing employee 2024-02
Karen Costello operational/managerial control 2024-02
Karen Fagg corporate director 2020-01
Majel Russell corporate director 2020-01
Mary Jackson corporate director 2018-01
Mary Janssen corporate director 2022-01
Misty Steadman corporate director 2020-01
Nguyen Pham corporate director 2020-02
Pamela Palagi corporate officer 2016-11
Pamela Palagi w-2 managing employee 2016-11
Pamela Palagi operational/managerial control 2016-11

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.

DateBuyerSellerHospitalBeds
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