St Charles Medical Center
dba St. Charles Bend Campus ·
Bend, Deschutes County, OR
· CCN 380047
Licensed to St Charles Health System Inc
Composite
26.0
rank score
Distress
0
FY2023
Fit
65
vs thesis
Estimated ticket
$158M–$632M
316 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size well above the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $977M |
| Operating margin | 23.7% |
| Total margin | 26.5% |
| Days cash on hand | — |
| Current ratio | — |
| Occupancy | 66% |
Facility
| Beds | 316 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 264 | $574M | $117M | 15.5% | 20.0% | — | — | 63% | 15,065 | 0 |
| 2021 | 322 | $605M | $118M | 7.2% | 17.8% | — | — | 77% | 15,233 | 0 |
| 2022 | 300 | $732M | $142M | 6.5% | 17.9% | — | — | 77% | 18,469 | 0 |
| 2023 | 316 | $977M | $269M | 23.7% | 26.5% | — | — | 66% | 14,460 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| St Charles Health System Inc | operational/managerial control | 100 | 2016-01 | |
| Ann Rhoads | corporate director | 2021-01 | ||
| Chris Mcclellan | corporate director | 2025-01 | ||
| Daniel Schuette | corporate director | 2008-09 | ||
| Glenn Rodriguez | corporate director | 2025-01 | ||
| James Orlikoff | corporate director | 2018-01 | ||
| Jennifer Schmid | corporate director | 2020-01 | ||
| Jenny Obrien | corporate director | 2022-01 | ||
| Jon Bullock | corporate director | 2025-01 | ||
| Matthew Swafford | corporate officer | 2020-01 | ||
| Shelly Handkins | corporate director | 2021-01 | ||
| Steven Gordon | corporate director | 2014-09 | ||
| Steven Gordon | w-2 managing employee | 2022-07 |
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 OR
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2023-12-15 | Peacehealth | Peacehealth | Shmc-Riverbend | 354 |
| 2018-05-01 | Asante Ashland Community Hospital Llc | Ashland Community Healthcare Services | Ashland Community Hospital | 41 |