Osf Saint Luke Medical Center
Kewanee, Henry County, IL
· CCN 141325
Licensed to Osf Healthcare System
Composite
28.4
rank score
Distress
28
FY2023
Fit
40
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- under 30 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 | $46.6M |
| Operating margin | 16.2% |
| Total margin | 19.4% |
| Days cash on hand | 0 |
| Current ratio | 213.73 |
| Occupancy | 15% |
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 | $34.1M | $7.8M | 5.9% | 19.4% | 0 | 1.42 | 14% | 415 | 34 |
| 2021 | 25 | $40.6M | $11.9M | 16.8% | 26.1% | 0 | 1.22 | 18% | 386 | 34 |
| 2022 | 25 | $41.9M | $7.2M | 11.3% | 16.2% | 0 | 77.79 | 17% | 411 | 31 |
| 2023 | 25 | $46.6M | $9.4M | 16.2% | 19.4% | 0 | 213.73 | 15% | 394 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Anne Ziegler | corporate director | 2021-01 | ||
| Brian Silverstein | corporate director | 2015-10 | ||
| Bridget Meidl | corporate director | 2014-11 | ||
| Gerald Mcshane | corporate director | 1996-09 | ||
| Jacqueline Kernan | w-2 managing employee | 2019-07 | ||
| Judith Duvall | corporate officer | 2006-10 | ||
| Judith Duvall | corporate director | 1989-10 | ||
| Kathleen Williams | corporate officer | 2014-11 | ||
| Kathleen Williams | corporate director | 2003-01 | ||
| Kirsten Largent | corporate officer | 2024-11 | ||
| Kirsten Largent | w-2 managing employee | 2024-11 | ||
| Kirsten Largent | operational/managerial control | 2024-11 | ||
| Melanie Mann | corporate officer | 2024-10 | ||
| Melanie Mann | corporate director | 2006-10 | ||
| Michelle Conger | corporate officer | 2025-01 | ||
| Michelle Conger | corporate director | 2025-01 | ||
| Michelle Conger | operational/managerial control | 2025-01 | ||
| Osf Healthcare Ministries | operational/managerial control | 2024-11 | ||
| Patricia Brazeau | corporate officer | 2006-10 | ||
| Patricia Brazeau | corporate director | 2016-01 | ||
| Paula Selamat | corporate director | 2024-10 | ||
| Robert Sehring | corporate officer | 2017-10 | ||
| Robert Sehring | corporate director | 2017-10 | ||
| Robert Sehring | w-2 managing employee | 2017-10 |
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 |