St. Margarets Health - Spring Valley
Spring Valley, Bureau County, IL
· CCN 140143
Licensed to St. Margaret's Health - Spring Valley
Composite
58.3
rank score
Distress
90
FY2023
Fit
44
vs thesis
Estimated ticket
$3.1M–$6.2M
44 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 below 30%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $65.7M |
| Operating margin | -17.9% |
| Total margin | -10.8% |
| Days cash on hand | 26 |
| Current ratio | 0.71 |
| Occupancy | 28% |
Facility
| Beds | 44 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 44 | $77.2M | $545K | -13.8% | 0.6% | 19 | 1.16 | 36% | 1,592 | 62 |
| 2021 | 44 | $79.9M | $-1.2M | -24.6% | -1.3% | 40 | 1.23 | 36% | 1,428 | 61 |
| 2022 | 44 | $88.1M | $-9.8M | -12.7% | -10.5% | 4 | 1.42 | 34% | 1,213 | 76 |
| 2023 | 44 | $65.7M | $-7.6M | -17.9% | -10.8% | 26 | 0.71 | 28% | 924 | 90 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Sisters Of Mary Of The Presentation Health System | operational/managerial control | 100 | 1980-08 | |
| St. Margaret's Health | operational/managerial control | 100 | 2021-01 | |
| Spring Valley City Bank | 5% or greater security interest | 20 | 2021-01 | |
| Heartland Bank & Trust Company | 5% or greater security interest | 8 | 2022-02 | |
| Aaron Alton | corporate officer | 2021-01 | ||
| Eric Santos | corporate director | 2018-01 | ||
| Jeannette Kneebone | w-2 managing employee | 2013-07 | ||
| Lisa Lynch | corporate officer | 2022-02 | ||
| Timothy Muntz | corporate officer | 1993-12 | ||
| Timothy Muntz | corporate director | 1993-12 | ||
| Tommy Hobbs | corporate director | 2021-01 |
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 |