Bcc Dba Illini Community Hospital
dba Illini Community Hospital ·
Pittsfield, Pike County, IL
· CCN 141315
Licensed to Blessingcare Corporation
Composite
21.2
rank score
Distress
12
FY2023
Fit
40
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- 90-150 days cash on hand
- occupancy below 30%
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $35.8M |
| Operating margin | 3.4% |
| Total margin | 12.1% |
| Days cash on hand | 128 |
| Current ratio | 2.96 |
| Occupancy | 20% |
Facility
| Beds | 25 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $28.4M | $2.8M | 1.7% | 9.2% | 218 | 1.61 | 11% | 253 | 16 |
| 2021 | 25 | $31.5M | $6.0M | 1.0% | 16.1% | 190 | 2.19 | 17% | 286 | 16 |
| 2022 | 25 | $33.1M | $1.6M | -1.7% | 4.6% | 77 | 3.78 | 19% | 377 | 34 |
| 2023 | 25 | $35.8M | $4.7M | 3.4% | 12.1% | 128 | 2.96 | 20% | 375 | 12 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amy Ruebush | corporate director | 2019-10 | ||
| Blessing Corporate Services, Inc. | 5% or greater direct ownership interest | 2010-10 | ||
| Daman Emrick | corporate director | 2019-06 | ||
| Holly Jones | corporate director | 2022-12 | ||
| Holly Jones | w-2 managing employee | 2022-12 | ||
| Jason Stratton | corporate director | 2017-12 | ||
| Jeannie Goodman | corporate director | 2015-10 | ||
| Julie Duke | corporate officer | 2022-12 | ||
| Patrick Gerveler | corporate director | 2010-10 | ||
| Robert Thomas | corporate director | 2021-06 | ||
| Timothy Tranor | corporate officer | 2025-04 | ||
| Timothy Tranor | corporate director | 2025-04 |
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 |