Warner Hospital And Health Services
Clinton, IL
· CCN 141303
Licensed to City Of Clinton
Composite
18.1
rank score
Distress
14
FY2024
Fit
30
vs thesis
Estimated ticket
$1.3M–$2.5M
15 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- occupancy below 30%
- margin deteriorating
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $22.7M |
| Operating margin | 3.5% |
| Total margin | 9.9% |
| Days cash on hand | 351 |
| Current ratio | 15.30 |
| Occupancy | 4% |
Facility
| Beds | 15 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 15 | $20.8M | $3.4M | 5.4% | 14.6% | 292 | 11.51 | 3% | 98 | 9 |
| 2022 | 15 | $22.1M | $4.7M | 9.8% | 18.9% | 308 | 11.62 | 7% | 150 | 9 |
| 2023 | 15 | $22.4M | $1.7M | 2.2% | 7.2% | 303 | 11.87 | 4% | 110 | 9 |
| 2024 | 15 | $22.7M | $2.4M | 3.5% | 9.9% | 351 | 15.30 | 4% | 114 | 14 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| City Of Clinton | 5% or greater direct ownership interest | 100 | 2009-10 | |
| Donna Wisner | w-2 managing employee | 2009-10 | ||
| Paul Skowron | w-2 managing employee | 2015-02 |
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 |
|---|---|---|---|---|
| 2023-01-14 | Deaconess Illinois Union County... | Anna Hospital Corporation | Union County Hospital District | 25 |
| 2023-01-14 | Deaconess Illinois Red Bud... | Red Bud Illinois Hospital Company Llc | Red Bud Regional Hospital | 25 |
| 2022-07-01 | Sarah Bush Lincoln Health Center | Fayette County Hospital District | Fayette County Hospital | 25 |
| 2021-07-01 | Osf Healthcare System | Julia Rackley Perry Memorial Hospital | Osf Saint Clare Medical Center | 25 |
| 2020-07-01 | Carle Eureka Hospital | Advocate Health And Hospitals Corporation | Carle Eureka Hospital | 25 |