St George Regional Hospital
dba Intermountain Health St George Regional Hospital ·
St George, Washington County, UT
· CCN 460021
Licensed to Ihc Health Services Inc
Composite
37.0
rank score
Distress
20
FY2023
Fit
70
vs thesis
Estimated ticket
$25.6M–$51.2M
256 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- rural — cheaper but limited density
- large — ticket likely stretches the envelope
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $876M |
| Operating margin | 12.2% |
| Total margin | 13.6% |
| Days cash on hand | 0 |
| Current ratio | 11.80 |
| Occupancy | 71% |
Facility
| Beds | 256 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 246 | $635M | $59.4M | 5.7% | 9.0% | 0 | 6.48 | 68% | 15,951 | 22 |
| 2021 | 246 | $754M | $114M | 13.8% | 14.9% | 0 | 5.88 | 77% | 16,606 | 22 |
| 2022 | 256 | $790M | $113M | 12.0% | 14.0% | 0 | 5.97 | 71% | 17,237 | 22 |
| 2023 | 256 | $876M | $121M | 12.2% | 13.6% | 0 | 11.80 | 71% | 17,784 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ihc Health Services Inc | 5% or greater direct ownership interest | 100 | 1975-04 | |
| Sylvester Berube | corporate director | 100 | 2011-12 | |
| Cyndi Woodbury Gilbert | corporate director | 2023-01 | ||
| Danny Shaw | corporate director | 2023-01 | ||
| Derrick Haslem | corporate director | 2023-01 | ||
| Devaraj Ramsamy | corporate officer | 2024-04 | ||
| Elizabeth Beckman | corporate director | 2022-04 | ||
| Evan Vickers | corporate director | 2023-01 | ||
| Justin Bollenback | corporate officer | 2022-10 | ||
| Keith Whitfield | corporate director | 2023-01 | ||
| Mitchell Cloward | corporate officer | 2017-12 | ||
| Natalie Ashby | corporate officer | 2023-08 | ||
| Nicole Mouskondis | corporate director | 2023-01 | ||
| Reuben Evans | corporate officer | 2023-10 | ||
| Reuben Evans | w-2 managing employee | 2023-10 | ||
| Robert Allen | corporate director | 2022-12 | ||
| Russell Childs | corporate director | 2023-01 | ||
| Troy Spring | corporate officer | 2015-02 |
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 UT
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 |
|---|---|---|---|---|
| 2023-05-01 | Catholic Health Initiatives Colorado | Salt Lake Regional Medical Center Lp | Holy Cross Hospital - Salt Lake | 92 |
| 2023-05-01 | Catholic Health Initiatives Colorado | Jordan Valley Medical Center Lp | Holy Cross Hospital - Jordan Valley | 159 |
| 2023-05-01 | Catholic Health Initiatives Colorado | Davis Hospital & Medical Center Lp | Holy Cross Hospital - Davis | 110 |