dealflow
envelope $200M

← Targets

St. John Medical Center

dba Ascension St. John Medical Center · Tulsa, Tulsa County, OK · CCN 370114
Licensed to St John Medical Center Inc

Composite
51.5
rank score
Distress
61
FY2024
Fit
60
vs thesis
Estimated ticket
$35.6M–$71.2M
419 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin -10% to -5%
  • total margin -8% to -3%
  • under 30 days cash on hand
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • very large — likely out of range
  • ticket size somewhat below the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$572M
Operating margin -5.3%
Total margin -3.2%
Days cash on hand 0
Current ratio 3.24
Occupancy92%

Facility

Beds419
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 495 $568M $60.0M 3.2% 9.8% 0 -2.25 88% 26,844 47
2022 495 $554M $8.4M -3.0% 1.4% 0 0.74 79% 21,968 54
2023 419 $548M $11.3M -0.5% 2.0% 0 0.97 85% 21,700 47
2024 419 $572M $-18.6M -5.3% -3.2% 0 3.24 92% 24,307 61

Owners

OwnerRole%SinceType
St John Health Systems Inc
Tulsa, OK
5% or greater direct ownership interest 100 1982-09
Bryan Cavitt corporate officer 5 2025-07
Charles Dolan operational/managerial control 5 2015-09
Jason Hall corporate officer 5 2025-07
Joseph Moran operational/managerial control 5 2015-09
Loretta Hall corporate director 5 2024-01
Robert Farris corporate director 5 2024-01
Stephen Bruns corporate director 5 2024-01
Stephen Heyman corporate director 5 2024-01
Theodore Siegfried operational/managerial control 5 2017-07

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 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