St. Joseph Regional Health Center
dba Chi St Joseph Health Regional Hospital ·
Bryan, Brazos County, TX
· CCN 450011
Licensed to St Joseph Regional Health Center
Composite
62.8
rank score
Distress
64
FY2024
Fit
85
vs thesis
Estimated ticket
$121M–$483M
284 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin negative
- under 30 days cash on hand
- current ratio below 0.8
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size at the top of the envelope — would need leverage
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $430M |
| Operating margin | -16.2% |
| Total margin | -0.7% |
| Days cash on hand | 0 |
| Current ratio | 0.31 |
| Occupancy | 65% |
Facility
| Beds | 284 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 287 | $406M | $-22.8M | -24.2% | -4.7% | 33 | 0.58 | 71% | 15,402 | 70 |
| 2022 | 298 | $430M | $-81.0M | -23.6% | -18.0% | 0 | 0.35 | 68% | 16,225 | 80 |
| 2023 | 298 | $399M | $-93.7M | -38.7% | -20.4% | 0 | 0.15 | 67% | 16,664 | 80 |
| 2024 | 284 | $430M | $-3.4M | -16.2% | -0.7% | 0 | 0.31 | 65% | 15,905 | 64 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Commonspirit Health | 5% or greater indirect ownership interest | 100 | 2014-11 | |
| St Joseph Regional Health Center | 5% or greater direct ownership interest | 100 | 2021-06 | |
| St Joseph Regional Health Center | operational/managerial control | 100 | 2021-06 | |
| St Lukes Health Clinical Operations | 5% or greater indirect ownership interest | 100 | 2021-06 | |
| Brad Beers | corporate director | 2021-06 | ||
| Brooks Bass | corporate director | 2021-06 | ||
| Demetress Harrell | corporate director | 2021-06 | ||
| Donald Hearne | corporate officer | 2025-07 | ||
| Frank Ashley | corporate director | 2021-06 | ||
| Gary Whitlock | corporate director | 2021-06 | ||
| Indira Anupindi | corporate director | 2021-06 | ||
| Jane Ainsworth | corporate director | 2021-06 | ||
| Matthew Brown | corporate officer | 2025-07 | ||
| Matthew Brown | corporate director | 2025-07 | ||
| Monte Bostwick | corporate director | 2025-07 | ||
| Monte Bostwick | operational/managerial control | 2025-07 | ||
| Robert Upchurch | corporate director | 2021-06 | ||
| Shelli Brooks | corporate officer | 2025-09 | ||
| Shelli Brooks | operational/managerial control | 2025-09 | ||
| St. Lukes Health System Corporation | 5% or greater indirect ownership interest | 2019-06 | ||
| Terika Mbanu | corporate director | 2025-07 | ||
| Thomas Kopfensteiner | corporate director | 2025-07 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2020-07-01 | acquisition/merger | St Joseph Regional Health Center | St Joseph Regional Health Center |
Who has been buying in TX
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 |
|---|---|---|---|---|
| 2025-02-01 | Texas Heart Hospital Of The Southwest Llc | Baylor Heart & Vascular Center Llp | Baylor Heart And Vascular Hospital | 56 |
| 2024-10-30 | Hsa Port Arthur, Llc | The Medical Center Of Southeast Texas Lp | The Medical Ctr Of Southeast Texas | 196 |
| 2024-10-30 | Hsa St. Joseph, Llc | Sj Medical Center Llc | St Joseph Medical Center | 156 |
| 2024-10-17 | Big Spring Texas Hospital Company Llc | Steward Texas Hospital Holdings Llc | Scenic Mountain Medical Center | 75 |
| 2024-10-17 | Odessa Texas Hospital Company Llc | Odessa Regional Hospital Lp | Odessa Regional Hospital | 208 |
| 2024-06-01 | Columbia Medical Center Of Denton... | Decatur Health Services Llc | Medical City Denton | 184 |
| 2024-03-11 | Nacogdoches County Hospital District | Lion Star Nacogdoches Hospital, Llc | Nacogdoches Memorial Hosp | 160 |
| 2024-01-01 | Ahs Sherman Llc | Sherman Grayson Hospital Llc | Wilson N Jones Regional Medical Ctr | 214 |
| 2023-04-01 | Methodist Healthcare System Of San... | Hill Country Memorial Hospital | Hill Country Memorial Hospital | 57 |
| 2021-06-01 | Methodist Hospitals Of Dallas | Metsl, Llc | Methodist Southlake Medical Center | 22 |
| 2020-10-27 | Hendrick Medical Center | Armc Lp | Hendrick Medical Center | 533 |
| 2020-10-27 | Hendrick Medical Center Brownwood | Brownwood Hospital Lp | Hendrick Medical Center Brownwood | 63 |
| 2020-07-01 | St Joseph Regional Health Center | St Joseph Regional Health Center | St. Joseph Regional Health Center | 284 |
| 2020-04-01 | Christus Santa Rosa Health Care Corporation | Adventist Health System/sunbelt, Inc. | Christus Santa Rosa - San Marcos | 105 |
| 2020-03-01 | Sana Healthcare Carrollton | Baylor Medical Center At Carrollton | Carrollton Regional Medical Center | 89 |