dealflow
envelope $200M

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St. Anthonys Memorial Hospital

dba St Anthony's Memorial Hospital · Effingham, Effingham County, IL · CCN 140032
Licensed to St Anthonys Memorial Hospital Of The Hospital Sisters Of The Third

Composite
36.5
rank score
Distress
38
FY2024
Fit
48
vs thesis
Estimated ticket
$13.3M–$26.6M
133 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • occupancy below 30%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • bed count in the target band
  • small ticket — deploys little of the available capital
  • very low occupancy — limited volume to learn from
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$163M
Operating margin 10.9%
Total margin 21.4%
Days cash on hand 0
Current ratio 1.56
Occupancy22%

Facility

Beds133
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 133 $148M $95.7M 11.8% 42.1% 2 0.80 25% 3,266 40
2022 133 $155M $-13.4M 6.1% -10.1% 0 1.07 26% 3,189 51
2023 133 $163M $36.3M 4.2% 18.9% 0 1.48 24% 3,492 34
2024 133 $163M $40.1M 10.9% 21.4% 0 1.56 22% 3,254 38

Owners

OwnerRole%SinceType
Hospital Sisters Health System Inc
Springfield, IL
5% or greater direct ownership interest 100 1978-12
Allie Weber corporate director 2025-06
Ann Bond corporate director 2025-10
Anthony Powers corporate director 2026-05
Carrie Rodman corporate director 2024-10
Charles Deters corporate director 2025-06
Eric Bloemer corporate director 2022-11
Eric Zeller corporate director 2026-05
Jean Highland corporate director 2022-11
Jeffery Sterling corporate officer 2025-06
Jeffery Sterling w-2 managing employee 2025-06
Joseph Emmerich corporate director 2025-06
Kimberly Koester corporate director 2026-05
Lana Schmidt corporate director 2025-06
Paige Toth corporate director 2025-10

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.

DateBuyerSellerHospitalBeds
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