St Vincent Healthcare
dba Intermountain Health St. Vincent Regional Hospital ·
Billings, Yellowstone County, MT
· CCN 270049
Licensed to Scl Health Montana
Composite
53.2
rank score
Distress
51
FY2023
Fit
71
vs thesis
Estimated ticket
$96.0M–$384M
226 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- margin deteriorating sharply
- 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 | $526M |
| Operating margin | -0.0% |
| Total margin | -0.1% |
| Days cash on hand | 0 |
| Current ratio | 17.29 |
| Occupancy | 74% |
Facility
| Beds | 226 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 222 | $477M | $44.6M | -8.7% | 7.6% | 0 | 7.91 | 66% | 10,876 | 44 |
| 2021 | 221 | $512M | $52.0M | -9.9% | 8.2% | 0 | 1.98 | 68% | 10,934 | 44 |
| 2022 | 226 | $550M | $-12.4M | -18.4% | -1.8% | 0 | 12.88 | 71% | 11,072 | 58 |
| 2023 | 226 | $526M | $-377K | -0.0% | -0.1% | 0 | 17.29 | 74% | 12,210 | 51 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Sisters Of Charity Of Leavenworth Health System Inc | 5% or greater direct ownership interest | 100 | 2013-10 | |
| Alexander Edwards | corporate director | 2019-01 | ||
| Bernard Mccarthy | corporate director | 2020-01 | ||
| Charles Notbohm | corporate director | 2020-01 | ||
| Cindy Sorich | corporate director | 2020-01 | ||
| Colleen O'leary | corporate director | 2020-01 | ||
| Danette Gleason | corporate director | 2020-01 | ||
| Evan Romrell | corporate director | 2026-01 | ||
| Intermountain Health Care, Inc | operational/managerial control | 2022-04 | chain | |
| Janet Hurley | corporate director | 2020-01 | ||
| Karen Fagg | corporate director | 2016-01 | ||
| Lee Boyles | corporate officer | 2024-03 | ||
| Lee Boyles | w-2 managing employee | 2024-03 | ||
| Lee Boyles | operational/managerial control | 2024-03 | ||
| Majel Russell | corporate director | 2018-01 | ||
| Mary Jackson | corporate director | 2020-01 | ||
| Mary Janssen | corporate director | 2022-01 | ||
| Misty Steadman | corporate director | 2020-01 | ||
| Nguyen Pham | corporate director | 2020-02 | ||
| Pamela Palagi | corporate officer | 2017-03 | ||
| Pamela Palagi | w-2 managing employee | 2017-03 |
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 |