dealflow
envelope $200M

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St. Johns Hospital

dba St Johns Hospital · Springfield, Sangamon County, IL · CCN 140053
Licensed to St Johns Hospital Of The Hospital Sisters Of The Third Order Of St F

Composite
60.8
rank score
Distress
83
FY2024
Fit
58
vs thesis
Estimated ticket
$30.9M–$61.9M
442 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • under 30 days cash on hand
  • current ratio under 1.5
  • liabilities exceed assets
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • very large — likely out of range
  • ticket size somewhat below the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$586M
Operating margin -13.5%
Total margin -11.5%
Days cash on hand 1
Current ratio 1.05
Occupancy69%

Facility

Beds442
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $70.0K
Per-bed (high) $140K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 422 $574M $99.6M 0.5% 14.8% 2 0.54 75% 18,580 47
2022 432 $587M $13.0M -6.1% 2.0% 1 0.64 73% 18,756 62
2023 442 $612M $21.8M -6.4% 3.2% 1 0.96 72% 19,921 58
2024 442 $586M $-69.9M -13.5% -11.5% 1 1.05 69% 19,762 83

Owners

OwnerRole%SinceType
Hospital Sisters Services Inc
Springfield, IL
5% or greater direct ownership interest 100 1966-01
Andrew Long corporate director 2017-11
Ann Bond corporate director 2025-10
Brian Brennan corporate officer 2025-06
Charlotte Warren corporate director 2024-01
Christopher Graves corporate director 2025-06
David Drennan corporate director 2022-09
Diane Hillard Sembell corporate director 2022-09
Earlesa Branham corporate director 2016-11
Jason Knoedler corporate director 2017-11
Jeffery Sterling corporate officer 2025-06
Jeffery Sterling w-2 managing employee 2025-06
Michael Murphy corporate director 2025-06
Paige Toth corporate director 2025-10
Sarah Delano Pavlik corporate director 2021-12

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