Chi St Lukes Health Memorial Lufkin
dba Chi St. Lukes Memorial Lufkin ·
Lufkin, Angelina County, TX
· CCN 450211
Licensed to Memorial Health System Of East Texas
Composite
59.5
rank score
Distress
70
FY2024
Fit
70
vs thesis
Estimated ticket
$10.6M–$21.3M
152 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- 60-90 days cash on hand
- current ratio under 1.5
- liabilities exceed assets
- occupancy 45-60%
- margin deteriorating sharply
- TX: favorable regulatory climate
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $167M |
| Operating margin | -11.5% |
| Total margin | -7.8% |
| Days cash on hand | 81 |
| Current ratio | 1.09 |
| Occupancy | 51% |
Facility
| Beds | 152 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 163 | $152M | $-3.6M | -6.5% | -2.3% | 106 | 1.53 | 48% | 4,874 | 44 |
| 2022 | 151 | $160M | $3.1M | -3.1% | 1.9% | 65 | 1.59 | 44% | 4,166 | 42 |
| 2023 | 152 | $154M | $-8.9M | -15.0% | -5.3% | 41 | 1.29 | 43% | 4,667 | 77 |
| 2024 | 152 | $167M | $-13.5M | -11.5% | -7.8% | 81 | 1.09 | 51% | 6,744 | 70 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Commonspirit Health | 5% or greater indirect ownership interest | 100 | 2019-02 | |
| St Lukes Health Clinical Operations | 5% or greater direct 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 officer | 2016-08 | ||
| Monte Bostwick | w-2 managing employee | 2016-08 | ||
| Robert Upchurch | corporate director | 2021-06 | ||
| Shelli Brooks | corporate officer | 2019-07 | ||
| 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
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
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 |