West Suburban Hosp Med Ctr
dba West Suburban Medical Center ·
Oak Park, Cook County, IL
· CCN 140049
Licensed to Resilience Healthcare - West Suburban Medical Center, Llc
Composite
68.0
rank score
Distress
83
FY2023
Fit
76
vs thesis
Estimated ticket
$47.2M–$189M
135 beds ·
within envelope
Ownership
for-profit
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
- liabilities exceed assets
- occupancy 45-60%
- margin slipping
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $132M |
| Operating margin | -20.8% |
| Total margin | -6.6% |
| Days cash on hand | 8 |
| Current ratio | 0.63 |
| Occupancy | 59% |
Facility
| Beds | 135 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| 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 | 135 | $121M | $-9.4M | -45.2% | -5.7% | 8 | 0.66 | 56% | 5,731 | 89 |
| 2022 | 135 | $116M | $-23.8M | -51.0% | -15.6% | 0 | -0.72 | 57% | 6,377 | 82 |
| 2023 | 135 | $132M | $-10.1M | -20.8% | -6.6% | 8 | 0.63 | 59% | 6,876 | 83 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Aum Global Healthcare Management, Llc | 5% or greater direct ownership interest | 100 | 2022-12 | |
| Manoj Prasad | 5% or greater indirect ownership interest | 60 | 2022-12 | |
| Manoj Prasad | operational/managerial control | 60 | 2022-12 | |
| Rathnaker Patlola | 5% or greater indirect ownership interest | 40 | 2022-12 | |
| Manoj Prasad | corporate officer | 2022-12 | ||
| Michele Greenberg | w-2 managing employee | 2019-07 | ||
| Westlaw Management Group, Llc | operational/managerial control | 2023-01 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2019-01-28 | change of ownership | Resilience Healthcare - West... | Vhs West Suburban Medical Center Inc |
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 |