dealflow
envelope $200M

← Targets

Saint Alphonsus Medical Center - Ont

dba Saint Alphonsus Medical Center - Ontario, Inc. · Ontario, Malheur County, OR · CCN 380052
Licensed to Saint Alphonsus Medical Center- Ontario Inc

Composite
37.6
rank score
Distress
35
FY2024
Fit
50
vs thesis
Estimated ticket
$3.5M–$7.0M
35 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin -10% to -5%
  • occupancy 30-45%
  • margin deteriorating sharply
  • part of a multi-hospital chain — divestiture candidate
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$71.6M
Operating margin -8.1%
Total margin 4.9%
Days cash on hand 294
Current ratio 6.15
Occupancy32%

Facility

Beds35
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 35 $73.5M $15.0M 4.9% 17.7% 249 5.28 37% 1,886 6
2022 35 $75.8M $20.0K -3.7% 0.0% 240 4.72 45% 1,839 21
2023 35 $71.3M $3.3M -7.4% 4.1% 266 5.65 33% 1,679 28
2024 35 $71.6M $4.0M -8.1% 4.9% 294 6.15 32% 1,654 35

Owners

OwnerRole%SinceType
Saint Alphonsus Health System Inc
Livonia, MI
5% or greater indirect ownership interest 100 2010-04
Trinity Health Corporation
Livonia, MI
5% or greater indirect ownership interest 100 2012-04 chain
Adam Richins corporate officer 2025-01
Adam Richins corporate director 2022-01
Angela Taylor corporate officer 2025-01
Angela Taylor corporate director 2022-01
Anthony Swart w-2 managing employee 2022-07
Anthony Swart operational/managerial control 2022-07
Brian Checketts corporate officer 2016-12
Brian Checketts operational/managerial control 2016-12
Connie Tanaka corporate director 2026-01
David Mcfadyen corporate officer 2024-07
David Mcfadyen corporate director 2024-07
Dina Ellwanger corporate officer 2020-08
Dina Ellwanger corporate director 2020-08
Dina Ellwanger operational/managerial control 2020-08
Elsbeth Mulvaney corporate director 2026-01
Irma Valdivia Barba corporate director 2025-01
Jason Wright corporate director 2026-01
Marie Wissel corporate director 2020-01
Michael Ballantyne corporate director 2020-03
Michael Coughlin corporate director 2022-01
Robert Ladenburger corporate director 2023-01
Stephanie Westermeier corporate officer 2010-01
Stuart Kilpinen operational/managerial control 2023-06

Showing 25 of 27. Full list via /api/targets/380052.

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