dealflow
envelope $200M

← Targets

Advocate Good Samaritan Hospital

Downers Grove, Dupage County, IL · CCN 140288
Licensed to Advocate Health And Hospitals Corporation

Composite
26.8
rank score
Distress
3
FY2023
Fit
64
vs thesis
Estimated ticket
$146M–$586M
293 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • current ratio under 1.5
  • urban — higher occupancy and iteration surface
  • large — ticket likely stretches the envelope
  • ticket size well above the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$470M
Operating margin 14.3%
Total margin 16.1%
Days cash on hand 992
Current ratio 1.11
Occupancy67%

Facility

Beds293
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 288 $391M $50.6M 12.0% 12.8% 1,245 1.02 65% 15,249 3
2021 293 $416M $55.5M 12.3% 13.2% 906 0.92 71% 15,487 9
2022 293 $439M $57.0M 12.2% 12.9% 529 1.03 70% 15,056 3
2023 293 $470M $77.5M 14.3% 16.1% 992 1.11 67% 14,498 3

Owners

OwnerRole%SinceType
Advocate Aurora Health, Inc.
Milwaukee, WI
5% or greater indirect ownership interest 100 2018-04
Advocate Aurora Health, Inc.
Milwaukee, WI
operational/managerial control 100 2018-04
Advocate Health Care Network
Oak Brook, IL
5% or greater direct ownership interest 100 2007-11
Advocate Health Inc
Charlotte, NC
operational/managerial control 2022-12
Clarence Nixon corporate officer 2025-01
Clarence Nixon corporate director 2005-10
David Anderson corporate director 2008-10
Desiree Millet corporate officer 2026-06
Dia Nichols corporate officer 2024-10
Dia Nichols corporate director 2024-10
Eric Rhodes w-2 managing employee 2024-10
Gail Hasbrouck corporate director 2014-01
Harold Slinkman corporate officer 2023-06
Jon Kluge corporate officer 2025-11
Kara Richardson corporate officer 2024-10
Kathie Bender Schwich corporate director 2023-06
Lindsay Durgin corporate officer 2025-07
Mark Harris corporate director 2005-10
Nathaniel Edmond corporate officer 2025-01
Nathaniel Edmond corporate director 2013-06
Rachel Halverson corporate officer 2023-06
Rachelle Hart corporate officer 2023-06
Suzanna Fox corporate officer 2025-11
Tori Munnik corporate officer 2026-06

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.

DateBuyerSellerHospitalBeds
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