St Lukes Hospital At The Vintage
dba St Luke's Hospital At The Vintage ·
Houston, Harris County, TX
· CCN 670075
Licensed to St. Luke's Hospital At The Vintage
Composite
67.0
rank score
Distress
69
FY2024
Fit
90
vs thesis
Estimated ticket
$38.2M–$153M
90 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 below 0.8
- occupancy 45-60%
- margin deteriorating sharply
- TX: favorable regulatory climate
- 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 | $105M |
| Operating margin | -4.6% |
| Total margin | -3.8% |
| Days cash on hand | 1 |
| Current ratio | -2.18 |
| Occupancy | 60% |
Facility
| Beds | 90 |
| 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 | 94 | $96.8M | $2.0M | -4.4% | 2.0% | 6 | 0.74 | 69% | 4,830 | 66 |
| 2022 | 94 | $104M | $-10.4M | -11.0% | -9.9% | 7 | 0.60 | 81% | 5,654 | 91 |
| 2023 | 94 | $103M | $-9.2M | -10.4% | -8.8% | 2 | 0.48 | 71% | 5,962 | 91 |
| 2024 | 90 | $105M | $-4.0M | -4.6% | -3.8% | 1 | -2.18 | 60% | 4,378 | 69 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Commonspirit Health | 5% or greater indirect ownership interest | 100 | 2014-01 | |
| St Lukes Health Clinical Operations | 5% or greater direct ownership interest | 100 | 2021-07 | |
| St. Lukes Health System Corporation | 5% or greater indirect ownership interest | 100 | 2021-07 | |
| Brad Beers | corporate director | 2021-07 | ||
| Brooks Bass | corporate director | 2021-07 | ||
| David Strickler | corporate officer | 2018-12 | ||
| David Strickler | operational/managerial control | 2018-12 | ||
| Demetress Harrell | corporate director | 2021-07 | ||
| Doug Lawson | corporate director | 2021-07 | ||
| Doug Lawson | w-2 managing employee | 2018-03 | ||
| Doug Lawson | other | 2018-03 | ||
| Frank Ashley | corporate director | 2021-07 | ||
| Gary Whitlock | corporate director | 2021-07 | ||
| Indira Anupindi | corporate director | 2021-07 | ||
| Jane Ainsworth | corporate director | 2021-07 | ||
| Mario Garner | corporate officer | 2018-12 | ||
| Mario Garner | operational/managerial control | 2018-12 | ||
| Michael Steines | corporate director | 2024-03 | ||
| Robert Upchurch | corporate director | 2021-07 |
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 TX
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 |
|---|---|---|---|---|
| 2025-02-01 | Texas Heart Hospital Of The Southwest Llc | Baylor Heart & Vascular Center Llp | Baylor Heart And Vascular Hospital | 56 |
| 2024-10-30 | Hsa Port Arthur, Llc | The Medical Center Of Southeast Texas Lp | The Medical Ctr Of Southeast Texas | 196 |
| 2024-10-30 | Hsa St. Joseph, Llc | Sj Medical Center Llc | St Joseph Medical Center | 156 |
| 2024-10-17 | Big Spring Texas Hospital Company Llc | Steward Texas Hospital Holdings Llc | Scenic Mountain Medical Center | 75 |
| 2024-10-17 | Odessa Texas Hospital Company Llc | Odessa Regional Hospital Lp | Odessa Regional Hospital | 208 |
| 2024-06-01 | Columbia Medical Center Of Denton... | Decatur Health Services Llc | Medical City Denton | 184 |
| 2024-03-11 | Nacogdoches County Hospital District | Lion Star Nacogdoches Hospital, Llc | Nacogdoches Memorial Hosp | 160 |
| 2024-01-01 | Ahs Sherman Llc | Sherman Grayson Hospital Llc | Wilson N Jones Regional Medical Ctr | 214 |
| 2023-04-01 | Methodist Healthcare System Of San... | Hill Country Memorial Hospital | Hill Country Memorial Hospital | 57 |
| 2021-06-01 | Methodist Hospitals Of Dallas | Metsl, Llc | Methodist Southlake Medical Center | 22 |
| 2020-10-27 | Hendrick Medical Center | Armc Lp | Hendrick Medical Center | 533 |
| 2020-10-27 | Hendrick Medical Center Brownwood | Brownwood Hospital Lp | Hendrick Medical Center Brownwood | 63 |
| 2020-07-01 | St Joseph Regional Health Center | St Joseph Regional Health Center | St. Joseph Regional Health Center | 284 |
| 2020-04-01 | Christus Santa Rosa Health Care Corporation | Adventist Health System/sunbelt, Inc. | Christus Santa Rosa - San Marcos | 105 |
| 2020-03-01 | Sana Healthcare Carrollton | Baylor Medical Center At Carrollton | Carrollton Regional Medical Center | 89 |