St Marys Hospital
dba Hshs ·
Decatur, Macon County, IL
· CCN 140166
Licensed to St Marys Hospital Decatur Of The Hospital Sisters Of The Third Order
Composite
66.8
rank score
Distress
91
FY2024
Fit
64
vs thesis
Estimated ticket
$45.9M–$183M
131 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 under 1.5
- liabilities exceed assets
- occupancy below 30%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $122M |
| Operating margin | -23.7% |
| Total margin | -24.7% |
| Days cash on hand | 0 |
| Current ratio | 1.20 |
| Occupancy | 21% |
Facility
| Beds | 131 |
| 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 | 131 | $161M | $10.7M | -11.5% | 5.6% | 0 | 0.64 | 50% | 4,696 | 77 |
| 2022 | 131 | $170M | $-15.6M | -15.4% | -8.6% | 0 | 0.69 | 60% | 5,125 | 93 |
| 2023 | 131 | $161M | $-19.6M | -21.6% | -11.1% | 1 | 1.27 | 48% | 4,514 | 83 |
| 2024 | 131 | $122M | $-30.7M | -23.7% | -24.7% | 0 | 1.20 | 21% | 2,475 | 91 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hospital Sisters Services Inc | 5% or greater direct ownership interest | 100 | 1966-01 | |
| Allison Matusin | corporate director | 2026-05 | ||
| Ann Bond | corporate director | 2025-10 | ||
| Dale Colee | corporate director | 2026-05 | ||
| Debbie Bogle | corporate director | 2025-06 | ||
| Drew Hickey | corporate director | 2024-01 | ||
| James Schwarz | corporate director | 2022-05 | ||
| Jeffery Sterling | corporate officer | 2025-06 | ||
| Jeffery Sterling | w-2 managing employee | 2025-06 | ||
| Julie Brilley | corporate director | 2026-05 | ||
| M, Rasheed Orakzai | corporate director | 2026-05 | ||
| Michael Breheny | corporate director | 2026-05 | ||
| Paige Toth | corporate director | 2025-10 | ||
| Rick Weltin | corporate officer | 2017-11 | ||
| Timothy Layman | corporate director | 2026-05 | ||
| Trudy O'connor | corporate director | 2022-05 |
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 |