St. Elizabeth Hospital
dba Hshs St. Elizabeth's Hospital ·
Ofallon, St. Clair County, IL
· CCN 140187
Licensed to St Elizabeths Hospital Of The Hospital Sisters Of The Third Order
Composite
54.9
rank score
Distress
54
FY2024
Fit
76
vs thesis
Estimated ticket
$61.2M–$245M
144 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin under 2%
- total margin under 2%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- margin slipping
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $305M |
| Operating margin | 0.0% |
| Total margin | 0.5% |
| Days cash on hand | 0 |
| Current ratio | 0.67 |
| Occupancy | 87% |
Facility
| Beds | 144 |
| 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 | 144 | $257M | $2.8M | 0.8% | 1.1% | 0 | 0.75 | 79% | 8,920 | 57 |
| 2022 | 144 | $285M | $4.1M | -0.2% | 1.4% | 0 | 0.72 | 81% | 9,002 | 66 |
| 2023 | 144 | $296M | $-6.6M | -3.2% | -2.2% | 0 | 1.01 | 86% | 9,921 | 60 |
| 2024 | 144 | $305M | $1.6M | 0.0% | 0.5% | 0 | 0.67 | 87% | 10,215 | 54 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ann Bond | corporate director | 2025-10 | ||
| Ann Mccollum | corporate officer | 2021-02 | ||
| Barbara Cempura | corporate director | 2024-10 | ||
| Brian Lemon | corporate director | 2024-10 | ||
| Chris Klay | corporate officer | 2025-06 | ||
| Daniel Jackson | corporate director | 2025-06 | ||
| Donald Crouch | corporate director | 2022-09 | ||
| Georgia Costello | corporate director | 2019-01 | ||
| Hospital Sisters Services Inc | operational/managerial control | 2008-11 | ||
| Jeffery Sterling | corporate officer | 2025-06 | ||
| Jeffery Sterling | w-2 managing employee | 2025-06 | ||
| Julia Yank | corporate director | 2025-06 | ||
| Kevin Meder | corporate director | 2024-10 | ||
| Michael Hall | corporate director | 2019-01 | ||
| Paige Toth | corporate director | 2025-10 | ||
| Sarah Gass | corporate director | 2024-10 |
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 |