St Thomas Ascension
dba Ascension Saint Thomas Behavioral Health Hospital ·
Nashville, TN
· CCN 444030
Licensed to Cumberland Behavioral Health Llc
Composite
64.6
rank score
Distress
62
FY2023
Fit
87
vs thesis
Estimated ticket
$21.0M–$84.2M
90 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- occupancy 45-60%
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $15.2M |
| Operating margin | -24.0% |
| Total margin | -24.0% |
| Days cash on hand | 0 |
| Current ratio | 2.56 |
| Occupancy | 53% |
Facility
| Beds | 90 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $234K |
| Per-bed (high) | $935K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | — | — | — | — | — | — | — | — | — | — |
| 2021 | 90 | $5.7M | $-5.5M | -96.9% | -96.8% | 0 | 1.26 | 21% | 837 | 79 |
| 2022 | 90 | $11.0M | $-4.2M | -38.5% | -38.4% | 0 | 1.97 | 38% | 1,602 | 72 |
| 2023 | 90 | $15.2M | $-3.6M | -24.0% | -24.0% | 0 | 2.56 | 53% | 2,361 | 62 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Saint Thomas Health | 5% or greater direct ownership interest | 50 | 2017-04 | |
| Acadia Healthcare Company Inc | 5% or greater indirect ownership interest | 50 | 2017-04 | chain |
| Acadia Jv Holdings Llc | 5% or greater indirect ownership interest | 50 | 2017-04 | |
| Acadia Nashville Jv Holdings Llc | 5% or greater direct ownership interest | 50 | 2017-04 | |
| Brian Farley | corporate officer | 2023-07 | ||
| Deborah Kraemer | w-2 managing employee | 2012-06 | ||
| Debra Osteen | corporate officer | 2026-01 | ||
| Jeremy Mercer | w-2 managing employee | 2025-09 | ||
| Stacie Harty | w-2 managing employee | 2018-06 | ||
| Timothy Sides | w-2 managing employee | 2023-06 | ||
| Todd Young | corporate officer | 2025-10 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.