Ottawa Regional Hospital & Healthcar
dba Osf Saint Elizabeth Medical Center ·
Ottawa, La Salle County, IL
· CCN 140110
Licensed to Ottawa Regional Hospital & Healthcare Center
Composite
26.0
rank score
Distress
6
FY2023
Fit
54
vs thesis
Estimated ticket
$8.9M–$17.8M
89 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 90-150 days cash on hand
- occupancy 45-60%
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- bed count in the target band
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $186M |
| Operating margin | 25.1% |
| Total margin | 28.9% |
| Days cash on hand | 127 |
| Current ratio | 5.64 |
| Occupancy | 48% |
Facility
| Beds | 89 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 88 | $107M | $11.3M | -0.8% | 9.5% | 5 | 0.34 | 37% | 3,365 | 57 |
| 2021 | 88 | $133M | $34.2M | 16.9% | 23.6% | 0 | 1.09 | 39% | 3,388 | 31 |
| 2022 | 97 | $147M | $32.0M | 18.2% | 21.0% | 25 | 2.38 | 41% | 3,459 | 28 |
| 2023 | 89 | $186M | $56.6M | 25.1% | 28.9% | 127 | 5.64 | 48% | 3,828 | 6 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Osf Healthcare System | operational/managerial control | 100 | 2012-04 | chain |
| Anne Ziegler | corporate director | 2021-01 | ||
| August Querciagrossa | contracted managing employee | 2022-08 | ||
| August Querciagrossa | operational/managerial control | 2022-08 | ||
| Brian Silverstein | corporate director | 2015-10 | ||
| Bridget Meidl | corporate officer | 2026-04 | ||
| Bridget Meidl | corporate director | 2014-11 | ||
| Dawn Trompeter | contracted managing employee | 2019-01 | ||
| Dawn Trompeter | operational/managerial control | 2019-01 | ||
| Gerald Mcshane | corporate director | 2012-04 | ||
| 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 | contracted managing employee | 2024-11 | ||
| Kirsten Largent | corporate officer | 2024-11 | ||
| Kirsten Largent | operational/managerial control | 2024-11 | ||
| Melanie Mann | corporate officer | 2024-10 | ||
| Melanie Mann | corporate director | 2006-10 | ||
| Michelle Conger | contracted managing employee | 2025-01 | ||
| Michelle Conger | corporate officer | 2025-01 | ||
| Michelle Conger | corporate director | 2025-01 | ||
| Michelle Conger | operational/managerial control | 2025-01 | ||
| Osf Healthcare Ministries | operational/managerial control | 2024-11 | ||
| Patricia Brazeau | corporate officer | 2006-10 |
Showing 25 of 27. Full list via /api/targets/140110.
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 |