St. Marys Hospital Medical Center
dba St. Mary's Hospital ·
Green Bay, Brown County, WI
· CCN 520097
Licensed to St Mary's Hospital Medical Center Of Green Bay Inc-Hospital Sisters
Composite
52.0
rank score
Distress
49
FY2024
Fit
75
vs thesis
Estimated ticket
$41.5M–$166M
83 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin under 2%
- under 30 days cash on hand
- occupancy 45-60%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $133M |
| Operating margin | -4.5% |
| Total margin | 0.3% |
| Days cash on hand | 0 |
| Current ratio | 1.81 |
| Occupancy | 45% |
Facility
| Beds | 83 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 83 | $160M | $46.2M | 18.6% | 26.1% | 0 | 1.08 | 54% | 3,201 | 28 |
| 2022 | 83 | $139M | $-1.6M | -0.4% | -1.1% | 0 | 1.44 | 49% | 3,050 | 51 |
| 2023 | 83 | $135M | $17.7M | 0.1% | 11.6% | 3 | 1.62 | 45% | 2,813 | 34 |
| 2024 | 83 | $133M | $368K | -4.5% | 0.3% | 0 | 1.81 | 45% | 3,401 | 49 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hospital Sisters Health System Inc | operational/managerial control | 50 | 1966-07 | |
| Hospital Sisters Services Inc | operational/managerial control | 50 | 1966-07 | |
| Damond Boatwright | corporate officer | 2021-07 | ||
| Dennis Langenberg | corporate director | 2016-11 | ||
| Jody Anne Boes | corporate director | 2022-11 | ||
| John Wagner | corporate officer | 2022-10 | ||
| John Wagner | corporate director | 2022-10 | ||
| Kyle Mccarty | corporate director | 2022-11 | ||
| Marcus Perez | corporate director | 2022-11 | ||
| Maureen Fagan | corporate director | 2016-11 | ||
| Michael Wickman | corporate director | 2016-11 | ||
| Paula Hafeman | corporate director | 2021-11 | ||
| Robert Erickson | corporate officer | 2024-04 | ||
| Robert Erickson | corporate director | 2024-04 | ||
| Stephanie Bakey | corporate director | 2021-11 | ||
| Travis Pitzen | corporate officer | 2024-09 | ||
| Travis Pitzen | corporate director | 2024-09 | ||
| Travis Pitzen | w-2 managing employee | 2024-09 |
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 |