St Charles Madras
dba St. Charles - Madras ·
Madras, Jefferson County, OR
· CCN 381324
Licensed to St Charles Health System Inc
Composite
19.1
rank score
Distress
9
FY2023
Fit
38
vs thesis
Estimated ticket
$2.0M–$4.1M
24 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- occupancy 30-45%
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $61.7M |
| Operating margin | 25.9% |
| Total margin | 27.2% |
| Days cash on hand | — |
| Current ratio | — |
| Occupancy | 41% |
Facility
| Beds | 24 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $33.9M | $7.1M | 0.9% | 18.8% | — | — | 39% | 564 | 23 |
| 2021 | 25 | $43.7M | $13.4M | 13.7% | 28.2% | — | — | 52% | 748 | 4 |
| 2022 | 24 | $36.2M | $10.8M | -12.9% | 22.6% | — | — | 43% | 753 | 62 |
| 2023 | 24 | $61.7M | $17.1M | 25.9% | 27.2% | — | — | 41% | 616 | 9 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ann Rhoads | corporate director | 2022-01 | ||
| Daniel Schuette | corporate director | 2013-01 | ||
| James Orlikoff | corporate director | 2018-01 | ||
| Jarvis Sam | corporate director | 2022-01 | ||
| Jennifer Schmid | corporate director | 2022-01 | ||
| Jenny Obrien | corporate director | 2022-01 | ||
| John Terhes | corporate director | 2022-01 | ||
| Matthew Swafford | corporate officer | 2021-08 | ||
| Shelly Handkins | corporate director | 2022-01 | ||
| St Charles Health System Inc | operational/managerial control | 2013-01 | ||
| Steven Gordon | corporate officer | 2022-07 | ||
| 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.