St. Josephs Hospital-Highland Il
dba St. Joseph's Hospital ·
Highland, Madison County, IL
· CCN 141336
Licensed to St Josephs Hospital Of The Hospital Sisters Of The Third Order Of St F
Composite
37.9
rank score
Distress
33
FY2024
Fit
58
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
- current ratio under 1.5
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $53.1M |
| Operating margin | 19.6% |
| Total margin | 19.2% |
| Days cash on hand | 0 |
| Current ratio | 1.37 |
| Occupancy | 67% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | urban |
| 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 | 25 | $46.9M | $13.9M | 17.3% | 28.7% | 0 | 0.32 | 72% | 676 | 43 |
| 2022 | 25 | $49.9M | $7.2M | 12.4% | 13.5% | 0 | 0.47 | 60% | 719 | 43 |
| 2023 | 25 | $50.9M | $9.5M | 11.1% | 18.4% | 3 | 1.27 | 67% | 999 | 30 |
| 2024 | 25 | $53.1M | $10.3M | 19.6% | 19.2% | 0 | 1.37 | 67% | 891 | 33 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hospital Sisters Services Inc | 5% or greater direct ownership interest | 100 | 1966-01 | |
| Andrew Mahtani | corporate director | 2026-05 | ||
| Ann Bond | corporate director | 2025-10 | ||
| Anna Phiri | corporate director | 2020-02 | ||
| Chris Klay | corporate director | 2024-06 | ||
| Darren Altadonna | corporate director | 2026-05 | ||
| James Burgett | corporate director | 2022-09 | ||
| Jeannie Korte | corporate director | 2024-01 | ||
| Jeffery Sterling | corporate officer | 2025-06 | ||
| Jeffery Sterling | w-2 managing employee | 2025-06 | ||
| Kelsie Ferrell | corporate director | 2026-05 | ||
| Lynn Billhartz | corporate director | 2024-01 | ||
| Marcus Alvarado | corporate director | 2024-01 | ||
| Marshall Rinderer | corporate director | 2019-01 | ||
| Paige Toth | corporate director | 2025-10 | ||
| Tricia Buehne | corporate director | 2022-09 | ||
| William Sullivan | corporate director | 2024-01 |
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 |