dealflow
envelope $200M

← Targets

St. Vincent Hospital

dba Christus St Vincent Regional Medical Center · Santa Fe, Santa Fe County, NM · CCN 320002
Licensed to St Vincent Hospital

Composite
33.9
rank score
Distress
16
FY2024
Fit
62
vs thesis
Estimated ticket
$17.1M–$34.2M
171 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin under 2%
  • margin deteriorating sharply
  • part of a multi-hospital chain — divestiture candidate
  • rural — cheaper but limited density
  • bed count in the target band
  • small ticket — deploys little of the available capital
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$581M
Operating margin 0.0%
Total margin 12.2%
Days cash on hand 234
Current ratio 7.47
Occupancy75%

Facility

Beds171
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 172 $509M $117M 8.8% 20.1% 322 8.31 65% 9,045 0
2022 193 $552M $43.1M 7.7% 7.7% 290 8.02 68% 10,448 0
2023 189 $554M $59.3M -0.6% 9.6% 273 8.35 67% 10,860 16
2024 171 $581M $80.8M 0.0% 12.2% 234 7.47 75% 10,857 16

Owners

OwnerRole%SinceType
Christus Health
Irving, TX
5% or greater direct ownership interest 100 2023-06 chain
Audrey Webber corporate director 2024-07
Daya Khalsa corporate director 2019-01
Hope Wade corporate officer 2017-04
J Bradley corporate director 2017-08
Jaclynn Harrison corporate director 2025-05
Jeffrey Puckett corporate director 2024-02
Jerry Jones corporate director 2021-11
Kimberly Webb corporate director 2024-02
Lillian Montoya corporate officer 2018-06
Lillian Montoya corporate director 2018-06
Lillian Montoya w-2 managing employee 2018-06
Mark Puczynski corporate director 2019-01
Sam Bagchi corporate director 2024-02
Sayuri Yamada corporate director 2020-07
Todd Mason corporate officer 2025-09
Vernon Hamilton corporate director 2022-01

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 NM

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2024-01-01 Unm Hospital Unm Sandoval Regional Medical Center, Inc University Of New Mexico Hospital 508
2021-01-01 Covenant Hospital Hobbs Lea Regional Hospital Llc Covenant Health Hobbs Hospital 25
2020-07-01 San Juan Regional Medical Center, Inc. San Juan Regional Rehabilitation... San Juan Regional Medical Center 182