Prov Sacred Heart Medical Center
dba Prov Sacred Hrt Med Ctr & Childs Hosp ·
Spokane, Spokane County, WA
· CCN 500054
Licensed to Providence Health & Services - Wa
Composite
53.5
rank score
Distress
59
FY2023
Fit
68
vs thesis
Estimated ticket
$53.0M–$106M
624 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- 60-90 days cash on hand
- margin deteriorating sharply
- rural — cheaper but limited density
- very large — likely out of range
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $990M |
| Operating margin | -21.4% |
| Total margin | -11.1% |
| Days cash on hand | 72 |
| Current ratio | 7.38 |
| Occupancy | 70% |
Facility
| Beds | 624 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 628 | $870M | $16.5M | -14.0% | 1.6% | 0 | 1.17 | 68% | 25,548 | 57 |
| 2021 | 609 | $940M | $-20.2M | -14.8% | -1.9% | 0 | 0.99 | 77% | 24,953 | 67 |
| 2022 | 609 | $946M | $-225M | -24.3% | -23.6% | 4 | 2.41 | 78% | 23,377 | 67 |
| 2023 | 624 | $990M | $-121M | -21.4% | -11.1% | 72 | 7.38 | 70% | 23,379 | 59 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Anna Newsom | corporate officer | 2022-05 | ||
| Charles Sorenson | corporate director | 2019-01 | ||
| Darryl Elmouchi | corporate officer | 2025-04 | ||
| Diane Hejna | corporate director | 2016-07 | ||
| Donald Anderson | corporate officer | 2017-01 | ||
| Donna Markham | corporate director | 2024-01 | ||
| Eric Sprunk | corporate director | 2021-01 | ||
| Gregory Hoffman | corporate officer | 2020-10 | ||
| Isiaah Crawford | corporate director | 2012-02 | ||
| James Martin | corporate officer | 2023-01 | ||
| Justin Voelker | w-2 managing employee | 2024-07 | ||
| 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 | 2014-01 | ||
| Providence Health & Services | operational/managerial control | 2016-07 | ||
| Providence Health & Services - Washington | 5% or greater direct ownership interest | 2011-01 | ||
| Providence Health & Services - Washington | operational/managerial control | 2008-10 | ||
| Providence St. Joseph Health | operational/managerial control | 2016-07 | ||
| Richard Blair | corporate director | 2016-07 | ||
| Rogelio Riojas | corporate director | 2025-01 | ||
| Susan Stacey | w-2 managing employee | 2021-12 |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |