St. Rose Dominican - San Martin
dba St Rose Dominican Hospitals - San Martin Campus ·
Las Vegas, Clark County, NV
· CCN 290053
Licensed to Dignity Health
Composite
63.0
rank score
Distress
83
FY2024
Fit
64
vs thesis
Estimated ticket
$8.7M–$17.4M
124 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio under 1.5
- liabilities exceed assets
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $182M |
| Operating margin | -20.1% |
| Total margin | -13.2% |
| Days cash on hand | 0 |
| Current ratio | 1.46 |
| Occupancy | 66% |
Facility
| Beds | 124 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 130 | $182M | $-9.8M | -12.5% | -5.1% | 0 | 1.00 | 69% | 6,186 | 82 |
| 2022 | 130 | $203M | $-6.2M | -8.3% | -2.9% | 0 | 1.27 | 78% | 8,345 | 67 |
| 2023 | 130 | $180M | $-22.1M | -18.6% | -11.6% | 0 | 1.43 | 70% | 7,775 | 81 |
| 2024 | 124 | $182M | $-25.5M | -20.1% | -13.2% | 0 | 1.46 | 66% | 7,108 | 83 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Commonspirit Health | 5% or greater indirect ownership interest | 100 | 2019-02 | |
| Dignity Health | 5% or greater direct ownership interest | 100 | 2006-11 | |
| Dignity Health | operational/managerial control | 100 | 2019-02 | |
| 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.