dealflow
envelope $200M

← Targets

Osf Sacred Heart Medical Center

Danville, Vermilion County, IL · CCN 140093
Licensed to Osf Healthcare System

Composite
62.0
rank score
Distress
77
FY2023
Fit
68
vs thesis
Estimated ticket
$35.0M–$140M
100 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 below 0.8
  • occupancy 30-45%
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$89.1M
Operating margin -17.6%
Total margin -13.6%
Days cash on hand 0
Current ratio -10.74
Occupancy33%

Facility

Beds100
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $350K
Per-bed (high) $1.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 174 $81.2M $-15.9M -21.9% -17.3% 6 0.26 24% 4,301 93
2021 103 $96.3M $-1.6M -6.6% -1.5% 0 0.24 49% 4,287 76
2022 103 $98.5M $-18.3M -24.9% -17.5% 0 -7.30 51% 4,036 82
2023 100 $89.1M $-12.5M -17.6% -13.6% 0 -10.74 33% 2,816 77

Owners

OwnerRole%SinceType
Anne Ziegler corporate director 2021-01
Brian Silverstein corporate director 2014-01
Bridget Meidl corporate director 2014-11
Carisa Neumann corporate director 2021-01
Gerald Mcshane corporate director 1996-09
John Barnhart w-2 managing employee 2024-07
John Barnhart operational/managerial control 2024-07
Judith Duvall corporate officer 2006-10
Judith Duvall corporate director 1989-10
Kathleen Williams corporate officer 2014-11
Kathleen Williams corporate director 2003-01
Kirsten Largent corporate officer 2024-11
Kirsten Largent w-2 managing employee 2024-11
Kirsten Largent operational/managerial control 2024-11
Melanie Mann corporate officer 2024-10
Melanie Mann corporate director 2006-10
Michelle Conger corporate officer 2025-01
Michelle Conger corporate director 2025-01
Michelle Conger w-2 managing employee 2025-01
Osf Healthcare Ministries
Peoria, IL
operational/managerial control 2024-11
Patricia Brazeau corporate officer 2006-10
Patricia Brazeau corporate director 2016-01
Paula Selamat corporate director 2024-10
Robert Sehring corporate officer 2017-10
Robert Sehring corporate director 2017-10

Showing 25 of 26. Full list via /api/targets/140093.

Ownership changes

DateTypeBuyerSeller
2018-02-01 change of ownership Osf Healthcare System Presence Central And Suburban...

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