Jackson Park Hospital
dba Jackson Park Hospital And Medical Center ·
Chicago, Cook County, IL
· CCN 140177
Licensed to Jackson Park Hospital Foundation
Composite
54.2
rank score
Distress
63
FY2024
Fit
64
vs thesis
Estimated ticket
$46.3M–$185M
109 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- 60-90 days cash on hand
- 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 | $76.4M |
| Operating margin | -15.5% |
| Total margin | -3.1% |
| Days cash on hand | 74 |
| Current ratio | 3.04 |
| Occupancy | 25% |
Facility
| Beds | 109 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 109 | $77.5M | $6.7M | -2.3% | 7.8% | 81 | 2.81 | 38% | 2,418 | 31 |
| 2022 | 109 | $79.2M | $7.9M | -4.5% | 8.7% | 85 | 3.15 | 39% | 2,578 | 31 |
| 2023 | 109 | $78.7M | $8.9M | -9.1% | 9.4% | 72 | 3.34 | 33% | 2,210 | 38 |
| 2024 | 109 | $76.4M | $-2.6M | -15.5% | -3.1% | 74 | 3.04 | 25% | 1,893 | 63 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| William Dorsey | corporate officer | 100 | 1998-06 | |
| William Dorsey | corporate director | 100 | 2011-01 | |
| Alvin Kruse | corporate director | 2011-01 | ||
| Arlene Richardson | corporate director | 2022-06 | ||
| Bangalore Murthy | corporate director | 1996-04 | ||
| Barry Mandell | operational/managerial control | 2023-02 | ||
| Caryn Carranza | corporate director | 2010-06 | ||
| G Randall Smith | corporate officer | 2004-11 | ||
| G Randall Smith | w-2 managing employee | 2006-04 | ||
| Haroon Olomi | corporate director | 2004-04 | ||
| Harshad Mehta | corporate director | 1986-06 | ||
| James Clark | corporate director | 1996-12 | ||
| Lakshmi Dodda | corporate director | 2000-04 | ||
| Margo Brooks Pugh | corporate officer | 1985-07 | ||
| Margo Brooks Pugh | corporate director | 2011-01 | ||
| Merritt Hasbrouck | corporate officer | 1985-07 | ||
| Merritt Hasbrouck | corporate director | 2011-01 | ||
| Merritt Hasbrouck | w-2 managing employee | 2011-01 | ||
| Surrenthia Parker | corporate director | 2018-06 | ||
| Zahidur Rahman | corporate director | 2020-06 |
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 |