Rochelle Community Hospital
Rochelle, Ogle County, IL
· CCN 141312
Licensed to Rochelle Community Hospital Association
Composite
21.1
rank score
Distress
18
FY2024
Fit
32
vs thesis
Estimated ticket
$1.4M–$2.9M
17 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- occupancy below 30%
- margin deteriorating sharply
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $49.9M |
| Operating margin | 5.5% |
| Total margin | 11.6% |
| Days cash on hand | 408 |
| Current ratio | 10.73 |
| Occupancy | 17% |
Facility
| Beds | 17 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | 17 | $37.0M | $8.3M | 3.5% | 18.9% | 426 | 5.80 | 18% | 352 | 9 |
| 2022 | 17 | $47.1M | $6.6M | 7.2% | 12.8% | 338 | 6.52 | 25% | 465 | 9 |
| 2023 | 17 | $50.4M | $2.8M | 4.2% | 5.4% | 339 | 9.62 | 19% | 365 | 9 |
| 2024 | 17 | $49.9M | $6.2M | 5.5% | 11.6% | 408 | 10.73 | 17% | 353 | 18 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alexander Duthie | corporate director | 2025-02 | ||
| August Querciagrossa | corporate director | 2022-10 | ||
| Brent Ohlinger | corporate director | 2019-10 | ||
| Crystal Dyer | corporate director | 2023-12 | ||
| Earl Fleming | corporate director | 2024-06 | ||
| Geri Dee Hayden | corporate director | 2023-12 | ||
| Jason Popp | corporate director | 2020-05 | ||
| Jason Popp | w-2 managing employee | 2020-05 | ||
| Karen Tracy | corporate officer | 2023-07 | ||
| Karen Tracy | corporate director | 2023-07 | ||
| Karen Tracy | w-2 managing employee | 2023-07 | ||
| Kendall Vogeler | corporate director | 2024-07 | ||
| Kendall Vogeler | w-2 managing employee | 2024-07 | ||
| Lori Gutierrez | corporate officer | 2012-05 | ||
| Lori Gutierrez | w-2 managing employee | 2012-05 | ||
| Maria Van Hise | corporate director | 2024-04 | ||
| Noah Carmichael | corporate director | 2017-09 | ||
| Todd Prusator | corporate director | 2019-10 |
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 |
|---|---|---|---|---|
| 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 |