Insights Hospital And Medical Center
dba Insight Hospital And Medical Center Chicago ·
Chicago, Cook County, IL
· CCN 140158
Licensed to Insight Chicago Inc
Composite
63.8
rank score
Distress
80
FY2023
Fit
70
vs thesis
Estimated ticket
$18.2M–$72.8M
52 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 liabilities exceed current assets
- liabilities exceed assets
- occupancy 45-60%
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size somewhat below the envelope
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $103M |
| Operating margin | -50.3% |
| Total margin | -35.5% |
| Days cash on hand | 11 |
| Current ratio | 0.89 |
| Occupancy | 56% |
Facility
| Beds | 52 |
| 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 | 144,837 | $157M | $-123M | -78.8% | -77.6% | 10 | 0.20 | 39% | 4,920 | 97 |
| 2022 | 52 | $40.1M | $-61.5M | -156.1% | -149.7% | 85 | 0.74 | 32% | 1,135 | 84 |
| 2023 | 52 | $103M | $-40.6M | -50.3% | -35.5% | 11 | 0.89 | 56% | 2,495 | 80 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Atif Bawahab | corporate officer | 100 | 2021-06 | |
| Insight Chicago Inc | 5% or greater direct ownership interest | 100 | 2021-06 | |
| Nadir Ijaz | corporate officer | 100 | 2021-06 | |
| Nadir Ijaz | w-2 managing employee | 100 | 2021-06 | |
| Ali Madha | corporate officer | 2021-06 | ||
| Baseer Tajuddin | corporate officer | 2021-06 | ||
| Jawad Shah | corporate director | 2021-06 | ||
| Naveed Mallick | corporate officer | 2021-06 | ||
| Patrice Griffin | w-2 managing employee | 2021-06 | ||
| Robin Cole | w-2 managing employee | 2021-06 |
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 |