dealflow
envelope $200M

← Targets

Prov St Mary Medical Center

dba Providence St Mary Medical Center · Walla Walla, Walla Walla County, WA · CCN 500002
Licensed to Providence Health & Services - Washington

Composite
36.6
rank score
Distress
23
FY2023
Fit
66
vs thesis
Estimated ticket
$9.5M–$19.0M
95 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin negative
  • total margin under 2%
  • margin deteriorating
  • rural — cheaper but limited density
  • bed count in the target band
  • very small ticket — sub-scale as a platform asset
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$228M
Operating margin -3.1%
Total margin 1.4%
Days cash on hand 270
Current ratio 8.54
Occupancy60%

Facility

Beds95
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 120 $189M $9.9M -9.3% 4.6% 0 1.07 47% 4,789 50
2021 96 $210M $12.2M -3.3% 5.3% 0 0.86 66% 4,963 47
2022 95 $211M $-32.7M -11.7% -16.1% 53 3.11 65% 4,692 61
2023 95 $228M $3.2M -3.1% 1.4% 270 8.54 60% 4,451 23

Owners

OwnerRole%SinceType
Anna Newsom corporate officer 2022-05
Aslam Kaleel corporate officer 2022-04
Charles Sorenson corporate director 2019-01
Darryl Elmouchi corporate officer 2025-04
David Mckay w-2 managing employee 2015-02
Diane Hejna corporate director 2016-07
Donald Anderson corporate officer 2017-01
Donna Markham corporate director 2024-01
Eric Sprunk other 2022-01
Gregory Hoffman corporate officer 2020-10
Isiaah Crawford corporate director 2012-02
James Martin corporate officer 2023-01
Karin Dufault corporate director 2025-01
Linda Buck corporate director 2025-01
Marvin O'quinn corporate director 2024-01
Mary Beth Kingston corporate director 2022-09
Mary Lyons corporate director 2016-07
Michael Murphy corporate director 2020-01
Phyllis Hughes corporate director 2016-07
Providence Health & Services
Renton, WA
operational/managerial control 2016-07
Providence Health & Services - Washington
Renton, WA
5% or greater direct ownership interest 2008-10
Providence St. Joseph Health
Renton, WA
operational/managerial control 2016-07
Richard Blair corporate director 2016-07
Rogelio Riojas corporate director 2025-01
Spencer Harris w-2 managing employee 2015-11

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 WA

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2023-07-01 Central Washington Health Services... Wenatchee Valley Hospital Confluence Health 187
2021-12-05 Multicare Health System Columbia Capital Medical Center Lp Capital Medical Center 107
2020-01-01 University Of Washington Uw Medicine Northwest University Of Washington Med Ctr 617
2018-08-04 Rcch Trios Health Llc Kennewick Public Hospital District Trios Health 111
2016-06-01 Public Hospital Dist No 1 Skagit Public Hospital District 3 Snohomish County Cascade Valley Hospital 48