Greenville Regional Hospital
Greenville, Bond County, IL
· CCN 140137
Licensed to Hshs Holy Family Hospital Inc
Composite
63.2
rank score
Distress
92
FY2024
Fit
54
vs thesis
Estimated ticket
$9.8M–$39.2M
28 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current liabilities exceed current assets
- liabilities exceed assets
- occupancy below 30%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- small but workable bed count
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $22.6M |
| Operating margin | -15.5% |
| Total margin | -7.2% |
| Days cash on hand | 4 |
| Current ratio | 0.84 |
| Occupancy | 16% |
Facility
| Beds | 28 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 28 | $19.6M | $5.5M | -29.0% | 17.7% | 5 | 0.87 | 32% | 459 | 76 |
| 2022 | 28 | $20.9M | $-4.6M | -32.9% | -20.0% | 22 | 0.56 | 29% | 580 | 100 |
| 2023 | 28 | $25.0M | $-2.8M | -16.1% | -10.7% | 23 | 1.60 | 21% | 497 | 87 |
| 2024 | 28 | $22.6M | $-1.7M | -15.5% | -7.2% | 4 | 0.84 | 16% | 352 | 92 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hospital Sisters Health System Inc | 5% or greater direct ownership interest | 100 | 2016-05 | |
| Ann Bond | corporate director | 2025-10 | ||
| Bart Caldieraro | corporate director | 2025-06 | ||
| Curtis Thacker | corporate director | 2025-06 | ||
| Jamie Baum | corporate director | 2025-06 | ||
| Jeannie Trudel | corporate director | 2026-05 | ||
| Jeffery Sterling | corporate officer | 2025-06 | ||
| Jeffery Sterling | w-2 managing employee | 2025-06 | ||
| Julie Doll | corporate director | 2026-05 | ||
| Nick Suess | corporate director | 2026-05 | ||
| Paige Toth | corporate director | 2025-10 | ||
| Patrice White | corporate director | 2026-05 | ||
| Randy Alderman | corporate director | 2025-06 | ||
| Teresa Cornelius | corporate director | 2026-05 | ||
| William Walker | corporate director | 2025-06 |
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 |