Touchette Regional Hospital
Centreville, St. Clair County, IL
· CCN 140077
Licensed to Touchette Regional Hospital Inc
Composite
53.2
rank score
Distress
61
FY2023
Fit
64
vs thesis
Estimated ticket
$54.0M–$216M
127 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin negative
- 30-60 days cash on hand
- current ratio under 1.5
- occupancy below 30%
- margin slipping
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $60.2M |
| Operating margin | -18.9% |
| Total margin | -0.1% |
| Days cash on hand | 41 |
| Current ratio | 1.00 |
| Occupancy | 10% |
Facility
| Beds | 127 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 123 | $49.3M | $245K | -15.0% | 0.4% | 156 | 1.25 | 15% | 1,829 | 48 |
| 2021 | 127 | $54.8M | $7.5M | -29.5% | 9.5% | 57 | 1.57 | 15% | 2,043 | 53 |
| 2022 | 127 | $52.6M | $-1.4M | -25.5% | -2.2% | 90 | 1.43 | 11% | 1,382 | 58 |
| 2023 | 127 | $60.2M | $-77.1K | -18.9% | -0.1% | 41 | 1.00 | 10% | 1,221 | 61 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dana Rosenzweig | corporate director | 2024-01 | ||
| Derienzia Johnson | corporate director | 2025-09 | ||
| Ethel Manager | corporate director | 2010-01 | ||
| James Deets | corporate director | 2010-01 | ||
| John Jeffries | corporate officer | 2021-04 | ||
| John Jeffries | w-2 managing employee | 2021-04 | ||
| Kenneth Hall | corporate officer | 2024-01 | ||
| Larry Mcculley | corporate officer | 2010-01 | ||
| Patrick Delaney | corporate director | 2024-01 | ||
| Richard Sauget | corporate officer | 2010-01 | ||
| Shelly Thompson | corporate director | 2025-06 | ||
| Southern Illinois Healthcare Foundation Inc | operational/managerial control | 2009-06 | ||
| Yvette Mcfadden | corporate director | 2010-01 | ||
| Yvette Turman | corporate director | 2024-01 |
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 |