dealflow
envelope $200M

← Targets

St. John Medical Center

dba St John Medical Center · Longview, Cowlitz County, WA · CCN 500041
Licensed to Peacehealth

Composite
32.4
rank score
Distress
10
FY2024
Fit
70
vs thesis
Estimated ticket
$14.6M–$29.2M
146 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin under 2%
  • rural — cheaper but limited density
  • bed count in the target band
  • small ticket — deploys little of the available capital
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$368M
Operating margin 1.4%
Total margin 3.9%
Days cash on hand
Current ratio
Occupancy61%

Facility

Beds146
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
2021 158 $293M $6.3M -3.1% 2.1% 51% 6,754 33
2022 104 $315M $-3.0M -5.8% -0.9% 75% 7,157 56
2023 122 $335M $-4.2M -4.4% -1.2% 76% 6,653 44
2024 146 $368M $14.6M 1.4% 3.9% 61% 7,364 10

Owners

OwnerRole%SinceType
Peacehealth
Longview, WA
5% or greater direct ownership interest 100 1966-07
Andrea Nenzel corporate director 2015-07
Arthur Springer Ii corporate officer 2025-11
Carolyn Aaron corporate director 2021-01
Charlotte Davenport corporate director 2016-07
Danny Hollingshead corporate director 2017-06
Deleesa Meashintubby corporate director 2023-06
Donna King corporate director 2019-07
Ione Adams corporate director 2024-07
Karl Carrier corporate director 2016-07
Kathleen Pruitt corporate director 2018-07
Leonard Kearney corporate director 2011-01
Linda Jackson corporate director 2023-07
Linda Jackson w-2 managing employee 2023-07
Lorraine Arvin corporate director 2024-07
Mary Mcwilliams corporate director 2021-09
Richard Magnuson corporate officer 2025-06
Richard Wollenberg corporate director 2014-01
Sarah Ness corporate officer 2026-01
Sheila Lemieux corporate director 2024-09
Thomas Karnes corporate officer 2023-01
Timothy Ackman corporate director 2017-07

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 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