St. Bernard Hospital
Chicago, Cook County, IL
· CCN 140103
Licensed to St Bernard Hospital
Composite
61.2
rank score
Distress
75
FY2023
Fit
68
vs thesis
Estimated ticket
$39.9M–$160M
114 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- occupancy 30-45%
- margin deteriorating sharply
- 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 | $89.2M |
| Operating margin | -46.8% |
| Total margin | -34.6% |
| Days cash on hand | 12 |
| Current ratio | 1.85 |
| Occupancy | 32% |
Facility
| Beds | 114 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 114 | $85.4M | $15.3M | -22.2% | 12.8% | 96 | 1.61 | 36% | 2,889 | 38 |
| 2021 | 114 | $87.6M | $-5.2M | -25.0% | -5.0% | 70 | 3.13 | 38% | 2,473 | 56 |
| 2022 | 114 | $85.0M | $-18.1M | -60.3% | -15.3% | 52 | 2.39 | 34% | 2,080 | 67 |
| 2023 | 114 | $89.2M | $-33.7M | -46.8% | -34.6% | 12 | 1.85 | 32% | 2,133 | 75 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Charles Holland | operational/managerial control | 100 | 2013-01 | |
| St Bernard Hospital | 5% or greater direct ownership interest | 100 | 2010-07 | |
| Carol Collum | corporate director | 2021-03 | ||
| Charles Holland | corporate officer | 2013-01 | ||
| Daria Terrell | corporate director | 2022-03 | ||
| Elizabeth Vanstraten | corporate director | 2010-01 | ||
| Felicia Slaton-Young | corporate director | 2021-03 | ||
| George Dengler | corporate director | 2018-03 | ||
| Gerald Dew | corporate director | 2021-03 | ||
| Joanne Delehanty | corporate director | 2010-01 | ||
| Mary Pokorny | corporate officer | 2021-03 | ||
| Michael Cleavenger | corporate director | 2017-03 | ||
| Olalekan Sowade | corporate officer | 2019-03 | ||
| Patricia Merryweather-Arges | corporate officer | 2021-03 | ||
| Raj Khurana | corporate director | 2018-03 |
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 |