Ssm Health St. Marys Hospital
dba Ssm Health St. Mary's Hospital - Centralia ·
Centralia, Marion County, IL
· CCN 140034
Licensed to St Marys Hospital Centralia Illinois
Composite
35.8
rank score
Distress
40
FY2023
Fit
44
vs thesis
Estimated ticket
$9.2M–$18.4M
92 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- occupancy below 30%
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $124M |
| Operating margin | 17.8% |
| Total margin | 21.7% |
| Days cash on hand | 0 |
| Current ratio | -0.46 |
| Occupancy | 27% |
Facility
| Beds | 92 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 92 | $102M | $15.0M | 4.4% | 13.2% | 1 | -1.09 | 34% | 4,357 | 41 |
| 2021 | 100 | $112M | $17.6M | 9.2% | 14.6% | 0 | -0.71 | 33% | 3,169 | 41 |
| 2022 | 92 | $120M | $21.2M | 11.5% | 16.6% | 0 | -0.33 | 33% | 2,881 | 41 |
| 2023 | 92 | $124M | $28.4M | 17.8% | 21.7% | 0 | -0.46 | 27% | 2,613 | 40 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ssm Health Care Corporation | 5% or greater indirect ownership interest | 100 | 2015-09 | |
| Ssm Regional Health Services | 5% or greater direct ownership interest | 100 | 2015-09 | |
| Damon Harbison | corporate director | 2018-06 | ||
| Damon Harbison | operational/managerial control | 2018-06 | ||
| Eileen Lamm | corporate officer | 2020-03 | ||
| Eileen Lamm | operational/managerial control | 2020-03 | ||
| Eric Ibendahl | corporate director | 2022-01 | ||
| Jean-Benoit Houle | corporate director | 2022-12 | ||
| Jeremy Fotheringham | corporate officer | 2023-01 | ||
| Jeremy Midura | corporate director | 2022-12 | ||
| Matthew Flanigan | corporate director | 2022-01 | ||
| Monica Heinzman | corporate director | 2023-09 | ||
| Patricia Williams | corporate director | 2015-11 | ||
| Paula Friedman | corporate director | 2022-12 | ||
| Rajendra Shroff | corporate director | 2023-03 | ||
| Sudeep Nair | corporate director | 2022-01 | ||
| Susan Niepoetter | corporate director | 2024-09 | ||
| Suzie Schmidt | corporate director | 2021-12 | ||
| Tena Hoyt | corporate director | 2022-01 | ||
| Timothy Buller | corporate officer | 2015-10 | ||
| Timothy Buller | operational/managerial control | 2015-10 |
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.
| 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 |