dealflow
envelope $200M

← Targets

Osf Saint Clare Medical Center

Princeton, Bureau County, IL · CCN 141337
Licensed to Osf Healthcare System

Composite
23.5
rank score
Distress
17
FY2023
Fit
40
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • 60-90 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$54.8M
Operating margin 21.3%
Total margin 23.3%
Days cash on hand 77
Current ratio 9.36
Occupancy13%

Facility

Beds25
Facility typeCAH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 25 $41.0M $-763K -7.5% -1.7% 168 1.53 19% 517 39
2022 25 $42.0M $1.5M 1.9% 3.5% 58 4.10 15% 596 32
2023 25 $54.8M $13.1M 21.3% 23.3% 77 9.36 13% 488 17

Owners

OwnerRole%SinceType
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 2021-07
Jacqueline Kernan operational/managerial control 2021-07
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
Peoria, IL
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

DateTypeBuyerSeller
2021-07-01 change of ownership Osf Healthcare System Julia Rackley Perry Memorial Hospital

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.

DateBuyerSellerHospitalBeds
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