Ascension St. Francis Hospital
dba Ascension St Francis Hospital ·
Milwaukee, Milwaukee County, WI
· CCN 520078
Licensed to Ascension St Francis Hospital Inc
Composite
56.4
rank score
Distress
63
FY2024
Fit
70
vs thesis
Estimated ticket
$37.4M–$150M
88 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio under 1.5
- occupancy 30-45%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $113M |
| Operating margin | -1.5% |
| Total margin | -6.4% |
| Days cash on hand | 1 |
| Current ratio | 1.20 |
| Occupancy | 38% |
Facility
| Beds | 88 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 154 | $135M | $6.0M | -12.9% | 3.8% | 0 | 0.83 | 42% | 4,246 | 64 |
| 2022 | 154 | $122M | $-9.9M | -24.6% | -7.0% | 1 | 0.85 | 38% | 3,630 | 77 |
| 2023 | 139 | $115M | $-27.1M | -21.4% | -21.0% | 1 | 1.11 | 29% | 2,567 | 79 |
| 2024 | 88 | $113M | $-8.0M | -1.5% | -6.4% | 1 | 1.20 | 38% | 2,397 | 63 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Wheaton Franciscan Healthcare Southeast Wisconsin Inc | operational/managerial control | 100 | 2006-07 | |
| Ascension Health | operational/managerial control | 2016-03 | ||
| Bhagath Siripurapu | corporate director | 2024-01 | ||
| Daniel Jackson | corporate officer | 2024-01 | ||
| Daniel Jackson | w-2 managing employee | 2024-01 | ||
| Daniel Jackson | operational/managerial control | 2024-01 | ||
| Jerry Suriano | corporate director | 2024-01 | ||
| Jonathan Berkoff | corporate director | 2023-07 | ||
| Jonathan Matuszewski | w-2 managing employee | 2023-10 | ||
| Jonathan Matuszewski | operational/managerial control | 2023-10 | ||
| Joseph Regan | corporate director | 2023-07 | ||
| Kaye-Eileen Willard | corporate director | 2020-01 | ||
| Kristin Mcmanmon | corporate director | 2019-01 | ||
| Lynne Briggs | corporate director | 2017-07 | ||
| Mark Catherall | corporate director | 2024-01 | ||
| Matthew Mokrohisky | corporate director | 2024-01 | ||
| Michael Mccullough | corporate officer | 2024-10 | ||
| Michael Mccullough | w-2 managing employee | 2024-10 | ||
| Michael Mccullough | operational/managerial control | 2024-10 | ||
| Rexanne Braun | w-2 managing employee | 2019-07 | ||
| Robert Vanhimbergen | corporate director | 2017-07 | ||
| Robin Barten | w-2 managing employee | 2024-11 | ||
| Stephanie Hietpas | w-2 managing employee | 2024-11 |
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 WI
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 |
|---|---|---|---|---|
| 2022-04-01 | Columbia St Marys Hospital Milwaukee Inc | Columbia St Mary's Hospital Ozaukee, Inc. | Ascension Columbia St Marys Milwauke | 374 |
| 2018-06-01 | Ascension Se Wisconsin Hospital Inc | Wheaton Franciscan Healthcare -... | Ascension Se Wisconsin Hospital Inc | 301 |