Mount Sinai Hospital Medical Center
Chicago, Cook County, IL
· CCN 140018
Licensed to Mount Sinai Hospital Medical Center
Composite
68.5
rank score
Distress
87
FY2024
Fit
74
vs thesis
Estimated ticket
$82.6M–$330M
236 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- debt above 85% of assets
- 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 | $346M |
| Operating margin | -35.7% |
| Total margin | -4.7% |
| Days cash on hand | 0 |
| Current ratio | 0.35 |
| Occupancy | 59% |
Facility
| Beds | 236 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 236 | $318M | $28.8M | -12.2% | 7.5% | 2 | 0.42 | 64% | 9,470 | 71 |
| 2022 | 236 | $339M | $-8.6M | -19.8% | -2.2% | 6 | 1.25 | 64% | 8,743 | 69 |
| 2023 | 236 | $346M | $20.0M | -23.8% | 4.5% | 0 | 0.35 | 58% | 8,011 | 73 |
| 2024 | 236 | $346M | $-20.9M | -35.7% | -4.7% | 0 | 0.35 | 59% | 8,313 | 87 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Sinai Health System | 5% or greater direct ownership interest | 100 | 1981-11 | |
| Abraham Morgan | corporate director | 2011-09 | ||
| Anne Cohn | corporate director | 2013-04 | ||
| Avery Hart | corporate officer | 2025-01 | ||
| Bret Maxwell | corporate director | 2009-01 | ||
| Brian Dolan | corporate officer | 2025-01 | ||
| Christopher Stephens | w-2 managing employee | 2015-03 | ||
| Dimas Ortega | w-2 managing employee | 2020-04 | ||
| Lee Miller | corporate officer | 2025-01 | ||
| Michael Davenport | corporate officer | 2025-01 | ||
| Michael Hayes | corporate officer | 2025-01 | ||
| Ngozi Ezike | corporate officer | 2024-08 | ||
| Onyinyechi Daniel | corporate officer | 2025-01 | ||
| Robert Markin | corporate director | 2005-06 | ||
| Roxanne Decyk | corporate officer | 2025-01 | ||
| William Fr Grogan | corporate officer | 2025-01 |
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 IL
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 |
|---|---|---|---|---|
| 2025-03-01 | Saint Joseph Medical Center - Joliet Llc | Presence Central And Suburban... | Presence St. Joseph Medical Center | 425 |
| 2025-03-01 | St Marys Hospital - Kankakee Llc | Presence Central And Suburban... | Presence St. Marys Hospital | 169 |
| 2025-03-01 | Mercy Medical Center - Aurora Llc | Presence Central And Suburban... | Presence Mercy Medical Center | 190 |
| 2025-03-01 | Saint Joseph Hospital - Elgin Llc | Presence Central And Suburban... | Presence Saint Joseph Hospital Elgin | 144 |
| 2025-03-01 | Saint Francis Hospital - Evanston Llc | Presence Chicago Hospitals Network | Presence Saint Francis Hospital | 146 |
| 2025-03-01 | Resurrection Medical Center - Chicago Llc | Presence Chicago Hospitals Network | Presence Resurrection Medical Center | 221 |
| 2025-03-01 | Saint Mary Of Nazareth Hospital -... | Presence Chicago Hospitals Network | Presence Saints Mary & Elizabeth Med | 296 |
| 2025-01-01 | Osf Healthcare System | Katherine Shaw Bethea Hospital | Katherine Shaw Bethea Hospital | 80 |
| 2023-03-01 | American Healthcare Systems Illinois Llc | Granite City Illinois Hospital Company Llc | Gateway Regional | 288 |
| 2023-01-14 | Deaconess Illinois Crossroads Inc | National Healthcare Of Mt Vernon Inc | Crossroads Community Hospital | 47 |
| 2023-01-14 | Deaconess Regional Healthcare... | Marion Hospital Corporation | Heartland Regional Medical Center | 94 |
| 2020-12-01 | Advocate Health And Hospitals Corporation | Advocate Health And Hospitals Corporation | Advocate Southland Health Network | 438 |
| 2020-07-01 | Carle Bromenn Medical Center | Advocate Health And Hospitals Corporation | Carle Bromenn Medical Center | 206 |
| 2020-02-01 | Osf Healthcare System | Little Company Of Mary Hospital Inc | Little Company Of Mary | 222 |
| 2019-10-01 | Thorek Memorial Hospital | Bethany Homes And Methodist Hospital | Methodist Hospital Of Chicago | 141 |