dealflow
envelope $200M

← Targets

St John Sapulpa

dba Bartlett Memorial Medical Center · Sapulpa, Creek County, OK · CCN 371312
Licensed to St John Sapulpa Inc

Composite
32.3
rank score
Distress
22
FY2024
Fit
56
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • under 30 days cash on hand
  • occupancy 45-60%
  • urban — higher occupancy and iteration surface
  • 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$28.1M
Operating margin 7.1%
Total margin 7.6%
Days cash on hand 0
Current ratio 2.39
Occupancy46%

Facility

Beds25
Facility typeCAH
Settingurban
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 25 $20.8M $-3.3M -14.4% -16.1% 0 -1.83 64% 183 91
2022 25 $22.6M $-2.3M -15.1% -9.7% 0 0.90 51% 466 78
2023 25 $24.9M $-1.3M -5.8% -5.3% 0 0.89 45% 326 68
2024 25 $28.1M $2.1M 7.1% 7.6% 0 2.39 46% 380 22

Owners

OwnerRole%SinceType
St John Health Systems Inc
Tulsa, OK
5% or greater direct ownership interest 100 2000-05
Brian Mithcell operational/managerial control 10 2025-08
Catherine Gebetsberger operational/managerial control 10 2025-08
Heather Turner operational/managerial control 10 2025-08
Joshua Vicena operational/managerial control 10 2024-01
Lisa Ford operational/managerial control 10 2025-08
Mark Clay corporate officer 10 2025-08
Mark Lawson operational/managerial control 10 2025-08
Sheila Vancuren operational/managerial control 10 2025-08
Thomas Kimball operational/managerial control 10 2025-08

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
2021-11-01 Rural Wellness Anadarko Inc Rha Anadarko Inc Physicians Hospital At Anadarko 25
2021-11-01 Rural Wellness Stroud Inc Rha Stroud, Inc Stroud Regional Medical Center 25
2020-12-31 Prague Healthcare Authority Trancendental Union With Love And... Prague Community Hospital 25
2020-05-15 Haskell Regional Hospital Inc Cah Acquisition Company 16 Llc Haskell Regional Hospital 25
2020-04-13 Drumright Community Hospital Llc Cah Acquisition Company 4, Inc Drumright Regional Hospital 15
2020-03-20 Rural Wellness Fairfax Inc Cah Acquisition Company 12 Llc Fairfax Community Hospital 25
2019-04-05 Memorial Hospital Of Texas County Authority Srp Guymon Llc Memorial Hospital Of Texas County 6
2019-03-01 Jackson County Memorial Hospital Authority Harmon County Healthcare Authority Harmon Memorial Hospital 22
2017-06-30 Mangum City Hospital Authority Blackhawk Mangum Llc Mangum Regional Medical Center 18