dealflow
envelope $200M

← Targets

Saint Francis Hospital

Tulsa, Tulsa County, OK · CCN 370091
Licensed to Saint Francis Hospital, Inc.

Composite
30.1
rank score
Distress
10
FY2024
Fit
64
vs thesis
Estimated ticket
$90.3M–$181M
903 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • margin deteriorating sharply
  • rural — cheaper but limited density
  • very large — likely out of range
  • ticket size uses the capital envelope well
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$1.6B
Operating margin 11.9%
Total margin 24.2%
Days cash on hand 319
Current ratio 6.56
Occupancy80%

Facility

Beds903
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 865 $1.3B $465M 12.3% 29.5% 318 8.13 78% 44,027 0
2022 883 $1.4B $-19.8M 10.8% -1.6% 269 7.47 77% 43,763 8
2023 888 $1.4B $324M 8.8% 19.8% 291 8.01 78% 45,543 0
2024 903 $1.6B $457M 11.9% 24.2% 319 6.56 80% 47,584 10

Owners

OwnerRole%SinceType
Barry Steichen corporate officer 1997-09
Barry Steichen corporate director 1997-09
Barry Steichen w-2 managing employee 1997-09
Cliff Robertson corporate officer 2021-07
Cliff Robertson corporate director 2021-07
Cliff Robertson w-2 managing employee 2021-07
David Konderla corporate officer 2016-12
Deborah Dage corporate officer 2021-08
Deborah Dage w-2 managing employee 2021-08
Douglas Williams corporate officer 2018-12
Gary Kastl corporate director 2019-01
Jeffrey Smith other 2019-12
John Kelly Warren corporate director 1997-01
Judith Kishner corporate director 2007-01
Laura Stuemky corporate director 2022-08
Michael Case corporate director 2006-01
Michael Lissau corporate officer 2018-08
Mike Cooke corporate director 2014-01
Sailatha Thomas corporate director 2023-01
Saint Francis Health System Inc
Tulsa, OK
5% or greater direct ownership interest 1966-07
Saint Francis Health System Inc
Tulsa, OK
operational/managerial control 1966-07
Thomas Cooper corporate director 2021-10
William Warren corporate director 1997-09

Ownership changes

DateTypeBuyerSeller
2019-01-01 acquisition/merger Saint Francis Hospital, Inc. Saint Francis Home Health Inc.

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