dealflow
envelope $200M

← Targets

St. Rose Dominican - Delima

dba St. Rose Dominican Hospital-Rose De Lima Campus · Henderson, Clark County, NV · CCN 290012
Licensed to Dignity Health

Composite
59.1
rank score
Distress
86
FY2024
Fit
51
vs thesis
Estimated ticket
$3.5M–$14.0M
10 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin -8% to -3%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • occupancy below 30%
  • urban — higher occupancy and iteration surface
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$26.6M
Operating margin -19.0%
Total margin -4.6%
Days cash on hand 0
Current ratio -0.71
Occupancy23%

Facility

Beds10
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $350K
Per-bed (high) $1.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 10 $22.0M $-2.7M -41.2% -9.5% 0 -6.75 34% 182 97
2022 10 $30.0M $5.9M 6.9% 17.4% 0 1.19 79% 226 37
2023 10 $21.8M $-6.5M -45.3% -25.8% 0 -2.23 42% 171 97
2024 10 $26.6M $-1.4M -19.0% -4.6% 0 -0.71 23% 153 86

Owners

OwnerRole%SinceType
Commonspirit Health
Chicago, IL
5% or greater indirect ownership interest 100 2019-02
Dignity Health
San Francisco, CA
5% or greater direct ownership interest 100 1988-06
Daniel Morissette corporate officer 2019-02
Elizabeth Shih corporate officer 2019-02
Elizabeth Shih corporate director 2021-01
John Petersdorf corporate officer 2022-11
John Petersdorf w-2 managing employee 2019-02
John Petersdorf operational/managerial control 2019-02
Marvin O'quinn corporate officer 2019-02
Marvin O'quinn corporate director 2021-01
Mitch Melfi corporate officer 2021-01
Mitch Melfi corporate director 2021-01
Scott Carswell corporate director 2021-01
Steven Scharmann corporate officer 2022-11
Steven Scharmann w-2 managing employee 2019-02
Steven Scharmann operational/managerial control 2019-02

Ownership changes

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