Ucm Adventhealth Glenoaks
dba Uchicago Medicine Adventhealth Glenoaks ·
Glendale Heights, Dupage County, IL
· CCN 140292
Licensed to Adventist Glenoaks Hospital
Composite
57.8
rank score
Distress
59
FY2023
Fit
74
vs thesis
Estimated ticket
$51.9M–$207M
122 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin negative
- 30-60 days cash on hand
- occupancy 45-60%
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $106M |
| Operating margin | -18.6% |
| Total margin | -1.0% |
| Days cash on hand | 32 |
| Current ratio | 3.84 |
| Occupancy | 49% |
Facility
| Beds | 122 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 122 | $88.9M | $14.1M | 2.3% | 14.0% | 11 | 0.72 | 52% | 4,636 | 42 |
| 2021 | 122 | $96.2M | $2.2M | -8.3% | 2.0% | 21 | 1.04 | 53% | 4,832 | 54 |
| 2022 | 122 | $102M | $-1.9M | -14.3% | -1.7% | 0 | 0.79 | 51% | 4,733 | 84 |
| 2023 | 122 | $106M | $-1.2M | -18.6% | -1.0% | 32 | 3.84 | 49% | 4,087 | 59 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adventist Midwest Health | 5% or greater direct ownership interest | 100 | 2015-02 | |
| The University Of Chicago Medical Center | 5% or greater indirect ownership interest | 51 | 2023-01 | |
| Adventist Health System Sunbelt Healthcare Corporation | 5% or greater indirect ownership interest | 49 | 2023-01 | chain |
| Adventist Health System Sunbelt Inc | 5% or greater indirect ownership interest | 49 | 2023-01 | |
| Amy Ross | corporate director | 2024-06 | ||
| Andrew Jahn | corporate officer | 2024-04 | ||
| Andrew Jahn | corporate director | 2024-04 | ||
| Aytek Oto | corporate director | 2023-01 | ||
| Brent Snyder | corporate director | 2005-08 | ||
| Cherese Chery | corporate officer | 2023-01 | ||
| Elden Ramirez | corporate director | 2022-01 | ||
| Glynn Scott | corporate director | 2005-08 | ||
| Haney Vincent | corporate officer | 2023-01 | ||
| Ivan Samstein | corporate director | 2023-01 | ||
| Jeffrey Graff | corporate officer | 2014-09 | ||
| John Grys | corporate director | 2023-01 | ||
| Jonathan Wright | corporate director | 2007-12 | ||
| Karsten Randolph | corporate officer | 2023-01 | ||
| Kenneth Denslow | corporate officer | 2021-06 | ||
| Kenneth Denslow | corporate director | 2021-06 | ||
| Kyle Glass | contracted managing employee | 2024-01 | ||
| Kyle Glass | corporate officer | 2024-01 | ||
| Kyle Glass | operational/managerial control | 2024-01 | ||
| Linda Eastman | corporate director | 2014-01 | ||
| Lynn Addiscott | corporate officer | 2005-08 |
Showing 25 of 49. Full list via /api/targets/140292.
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 |