dealflow
envelope $200M

← Targets

Providence St. Vincent Medical Ctr

dba Providence St Vincent Medical Center · Portland, Multnomah County, OR · CCN 380004
Licensed to Providence Health & Services - Oregon

Composite
15.9
rank score
Distress
35
FY2023
Fit
55
vs thesis
Estimated ticket
$255M–$1.0B
510 beds · over envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin negative
  • total margin negative
  • 90-150 days cash on hand
  • margin deteriorating sharply
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • very large — likely out of range
  • estimated price exceeds the capital envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$1.1B
Operating margin -4.0%
Total margin -0.0%
Days cash on hand 140
Current ratio 8.12
Occupancy77%

Facility

Beds510
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 520 $917M $141M 4.2% 13.8% 1 1.99 68% 22,737 22
2021 536 $1.0B $105M 4.7% 9.8% 1 1.83 70% 22,422 22
2022 536 $1.0B $-42.9M -6.2% -4.2% 48 4.15 68% 21,617 51
2023 510 $1.1B $-380K -4.0% -0.0% 140 8.12 77% 23,826 35

Owners

OwnerRole%SinceType
Providence Health & Services-Oregon
Renton, WA
5% or greater direct ownership interest 100 2010-05
Anna Newsom corporate officer 2022-05
Charles Sorenson corporate director 2019-01
Darryl Elmouchi corporate director 2025-04
Diane Hejna corporate director 2016-07
Donald Anderson corporate officer 2017-01
Donna Markham corporate director 2024-01
Eric Sprunk corporate director 2022-01
Gregory Hoffman corporate officer 2023-01
Isiaah Crawford corporate director 2014-01
James Martin corporate officer 2023-01
Karin Dufault corporate director 2025-01
Linda Buck corporate director 2025-01
Marvin O'quinn corporate director 2024-01
Mary Beth Kingston corporate director 2022-09
Mary Lyons corporate director 2016-07
Melissa Damm w-2 managing employee 2019-02
Michael Murphy corporate director 2020-01
Phyllis Hughes corporate director 2014-01
Providence Health & Services
Renton, WA
other 2016-07
Providence Health & Services - Washington
Renton, WA
operational/managerial control 2010-05 chain
Providence St. Joseph Health
Renton, WA
other 2016-07
Richard Blair corporate director 2016-07
Rogelio Riojas corporate director 2025-01
Sheila Waldron w-2 managing employee 2025-01

Showing 25 of 26. Full list via /api/targets/380004.

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 OR

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

DateBuyerSellerHospitalBeds
2023-12-15 Peacehealth Peacehealth Shmc-Riverbend 354
2018-05-01 Asante Ashland Community Hospital Llc Ashland Community Healthcare Services Ashland Community Hospital 41