Macneal Hospital
Berwyn, IL
· CCN 140054
Licensed to Gottlieb Community Health Services Corporation
Composite
32.1
rank score
Distress
16
FY2024
Fit
58
vs thesis
Estimated ticket
$24.7M–$49.4M
247 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 90-150 days cash on hand
- current ratio under 1.5
- debt above 85% of assets
- occupancy 45-60%
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $376M |
| Operating margin | 24.6% |
| Total margin | 25.7% |
| Days cash on hand | 108 |
| Current ratio | 1.10 |
| Occupancy | 45% |
Facility
| Beds | 247 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 266 | $260M | $38.1M | 4.1% | 14.1% | 60 | 1.13 | 50% | 12,158 | 23 |
| 2022 | 266 | $336M | $92.6M | 25.2% | 27.2% | 0 | 1.13 | 46% | 10,527 | 36 |
| 2023 | 266 | $347M | $78.4M | 20.3% | 22.1% | 55 | 1.12 | 42% | 9,622 | 33 |
| 2024 | 247 | $376M | $98.0M | 24.6% | 25.7% | 108 | 1.10 | 45% | 8,893 | 16 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Loyola University Health System | 5% or greater indirect ownership interest | 100 | 2008-07 | |
| Trinity Health Corporation | 5% or greater indirect ownership interest | 100 | 2011-07 | chain |
| Adenrele Kolawole | corporate officer | 2019-09 | ||
| Bertina Barnes | corporate officer | 2024-01 | ||
| Elizabeth Early | corporate director | 2022-01 | ||
| Eva Wojcik | corporate director | 2022-09 | ||
| Jill Rappis | corporate officer | 2011-07 | ||
| Marc Schwartz | corporate officer | 2022-01 | ||
| Marc Schwartz | corporate director | 2022-01 | ||
| Maria Pekar | corporate officer | 2018-03 | ||
| Melissa Lukasick | corporate officer | 2019-06 | ||
| Pierre Monice | corporate officer | 2021-10 | ||
| Pierre Monice | corporate director | 2022-01 | ||
| Stuart Kilpinen | operational/managerial control | 2023-06 | ||
| Tad Gomez | corporate director | 2022-01 |
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 |