dealflow
envelope $200M

← Targets

Saint Francis Hospital Muskogee

dba Saint Francis Hospital Muskogee, Saint Francis Hospital Muskogee - Eas · Muskogee, Muskogee County, OK · CCN 370025
Licensed to Saint Francis Hospital Muskogee Inc

Composite
38.2
rank score
Distress
37
FY2024
Fit
54
vs thesis
Estimated ticket
$23.6M–$47.2M
236 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • current ratio below 0.8
  • occupancy 30-45%
  • rural — cheaper but limited density
  • bed count in the target band
  • small ticket — deploys little of the available capital
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$207M
Operating margin 15.2%
Total margin 15.7%
Days cash on hand 1
Current ratio 0.75
Occupancy43%

Facility

Beds236
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 264 $155M $22.2M 9.1% 13.6% 0 1.16 39% 7,897 31
2022 264 $182M $18.0M 8.6% 9.8% 0 1.43 41% 7,959 31
2023 236 $197M $26.5M 11.6% 13.2% 1 1.25 44% 9,424 31
2024 236 $207M $32.6M 15.2% 15.7% 1 0.75 43% 9,298 37

Owners

OwnerRole%SinceType
Barry Steichen corporate officer 100 2017-04
Saint Francis Health System Inc
Tulsa, OK
5% or greater direct ownership interest 100 2017-04
John Kelly Warren corporate director 10 2017-04
Judith Kishner corporate director 10 2017-04
Michael Case corporate director 10 2017-04
Mike Cooke corporate director 10 2017-04
Cliff Robertson corporate officer 2021-07
Cliff Robertson corporate director 2021-07
Cliff Robertson w-2 managing employee 2021-07
Deborah Dage corporate officer 2021-08
Deborah Dage w-2 managing employee 2021-08
Gary Kastl corporate director 2019-01
Laura Stuemky corporate director 2022-08
Michael Lissau corporate officer 2018-08
Michele Keeling w-2 managing employee 2019-01
Sailatha Thomas corporate director 2023-01
Thomas Cooper corporate director 2021-10

Ownership changes

DateTypeBuyerSeller
2017-04-01 change of ownership Saint Francis Hospital Muskogee Inc Muskogee Regional Medical Center Llc

Who has been buying in OK

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

DateBuyerSellerHospitalBeds
2025-12-01 Comanche County Hospital Authority Southwestern Medical Center, Llc Comanche County Memorial Hospital 183
2023-11-01 Integris Health Ponca City Hospital Inc Kay County Oklahoma Hospital Company, Llc Ponca City Medical Center 47
2023-11-01 Integris Health Woodward Hospital Inc Woodward Health System Llc Alliancehealth Woodward 40
2022-07-01 St Anthony Shawnee Hospital Inc Seminole Hma Llc St Anthony Shawnee Hospital 61
2021-04-01 Ssm Health Care Of Oklahoma, Inc. Midwest Regional Medical Center, Llc Ssm Health St Anthony Hospital - Mid 126
2019-01-01 Saint Francis Hospital, Inc. Saint Francis Home Health Inc. Saint Francis Hospital 903
2018-10-01 Integris Baptist Medical Center Inc Deaconess Health System Llc Integris Baptist Medical Center 615
2017-05-01 Ahs Pryor Hospital, Llc Mayes County Hma, Llc Hillcrest Hospital Pryor 21
2017-04-01 Saint Francis Hospital Muskogee Inc Muskogee Regional Medical Center Llc Saint Francis Hospital Muskogee 236