St Lukes Hospital - Easton Campus
Easton, Northampton County, PA
· CCN 390162
Licensed to St. Luke's Hospital- Easton Campus
Composite
30.6
rank score
Distress
15
FY2024
Fit
60
vs thesis
Estimated ticket
$2.9M–$5.8M
29 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- liabilities exceed assets
- occupancy 45-60%
- rural — cheaper but limited density
- 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 | $66.6M |
| Operating margin | 10.2% |
| Total margin | 12.1% |
| Days cash on hand | — |
| Current ratio | 1.88 |
| Occupancy | 53% |
Facility
| Beds | 29 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 29 | $29.9M | $-4.8M | -12.4% | -16.0% | — | 1.72 | 37% | 1,295 | 79 |
| 2022 | 23 | $52.4M | $1.5M | 0.1% | 2.7% | — | 0.78 | 54% | 1,522 | 43 |
| 2023 | 29 | $55.4M | $5.6M | 8.0% | 9.9% | — | 1.65 | 45% | 1,516 | 17 |
| 2024 | 29 | $66.6M | $8.2M | 10.2% | 12.1% | — | 1.88 | 53% | 1,691 | 15 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| St Luke's Health Network Inc | 5% or greater direct ownership interest | 100 | 2020-01 | |
| Richard Anderson | corporate officer | 2020-07 | ||
| Richard Anderson | w-2 managing employee | 2020-07 | ||
| Robert Wax | corporate officer | 2021-12 | ||
| Robert Wax | w-2 managing employee | 2021-12 | ||
| Scott Wolfe | corporate director | 2022-01 | ||
| Scott Wolfe | w-2 managing employee | 2022-01 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2020-07-01 | change of ownership | St. Luke's Hospital- Easton Campus | Steward Easton Hospital, Inc |
Who has been buying in PA
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 |
|---|---|---|---|---|
| 2025-01-21 | Tenor Health Foundation Sharon, Llc | Steward Sharon Regional Health System, Inc. | Sharon Regional Health System | 141 |
| 2023-09-02 | Chh Community Health | Chestnut Hill Hospital Llc | Chestnut Hill Hospital | 128 |
| 2023-07-01 | Valley Medical Facilities Inc | Valley Medical Facilities Inc | Heritage Valley Sewickley | 220 |
| 2022-05-09 | Lehigh Valley Hospital | Lehigh Valley Hospital -... | Lehigh Valley | 1,216 |
| 2021-07-01 | Dubois Regional Medical Center | Clearfield Hospital | Dubois Regional Medical Center | 261 |
| 2021-06-14 | Avenues Recovery Medical Center At... | Valley Forge Medical Center &... | Valley Forge Medical Center | 70 |
| 2021-01-01 | Robert Packer Hospital | Guthrie Towanda Memorial Hospital | Robert Packer Hospital | 252 |
| 2020-07-01 | St. Luke's Hospital- Easton Campus | Steward Easton Hospital, Inc | St Lukes Hospital - Easton Campus | 29 |
| 2018-05-26 | Lehigh Valley Hospital - Schuylkill | Schuylkill Medical Center - East... | Lehigh Valley Hospital - Schuylkill | 118 |
| 2017-07-01 | Upmc Carlisle | Carlisle Hma Llc | Upmc Carlisle | 66 |