dealflow
envelope $200M

← Targets

St Josephs Hospital & Health Ctr

dba Chi St Alexius Health Dickinson · Dickinson, Stark County, ND · CCN 351336
Licensed to St. Joseph's Hospital And Health Center

Composite
53.3
rank score
Distress
74
FY2024
Fit
50
vs thesis
Estimated ticket
$1.5M–$3.0M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin below -10%
  • total margin negative
  • under 30 days cash on hand
  • current ratio under 1.5
  • debt above 85% of assets
  • occupancy 45-60%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$70.6M
Operating margin -14.6%
Total margin -1.6%
Days cash on hand 0
Current ratio 1.00
Occupancy53%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $59.5K
Per-bed (high) $119K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 25 $65.2M $3.9M 5.2% 5.9% 4 0.72 61% 1,486 47
2022 25 $67.5M $2.6M -1.8% 3.7% 0 1.04 61% 2,071 52
2023 25 $70.0M $-554K -0.8% -0.8% 11 1.20 65% 2,198 57
2024 25 $70.6M $-1.3M -14.6% -1.6% 0 1.00 53% 1,580 74

Owners

OwnerRole%SinceType
Commonspirit Health
Englewood, CO
5% or greater direct ownership interest 100 1996-07
Amber Stowman corporate officer 2018-08
Amber Stowman w-2 managing employee 2018-08
Carol Enderle corporate officer 2022-03
Carol Enderle w-2 managing employee 2022-03
Corry Kenner corporate director 2020-01
Curtis Wiesz corporate director 2021-09
Joseph Ruark corporate officer 2017-07
Joseph Ruark w-2 managing employee 2017-07
Julie Traynor corporate director 2020-01
Kirk Schoepp corporate director 2020-01
Kristi Schwartz corporate director 2020-01
Lisa Kostelecky corporate director 2021-07
Lloyd Dean operational/managerial control 2000-06
Melissa Huhn corporate director 2020-01
Michael Lefor corporate director 2016-05
Michael Murphy corporate director 2020-01
Taylor Grundstad corporate director 2021-07
Tessa Marburger corporate director 2016-10

Ownership changes

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