Taylorville Memorial Hospital
Taylorville, Christian County, IL
· CCN 141339
Licensed to Taylorville Memorial Hospital
Composite
29.6
rank score
Distress
20
FY2023
Fit
52
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
- rural — cheaper but limited density
- 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 · FY2023
| Net patient revenue | $64.5M |
| Operating margin | 17.1% |
| Total margin | 24.4% |
| Days cash on hand | 11 |
| Current ratio | 2.01 |
| Occupancy | 61% |
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 | $45.2M | $9.7M | 13.1% | 19.8% | 27 | 0.60 | 52% | 480 | 38 |
| 2021 | 25 | $54.9M | $14.4M | 19.9% | 24.7% | 18 | 0.87 | 64% | 493 | 31 |
| 2022 | 25 | $58.4M | $-1.3M | 12.3% | -2.2% | 14 | 1.25 | 66% | 615 | 33 |
| 2023 | 25 | $64.5M | $17.3M | 17.1% | 24.4% | 11 | 2.01 | 61% | 456 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Memorial Health System | 5% or greater direct ownership interest | 100 | 2007-05 | |
| Adam Vocks | corporate director | 2017-03 | ||
| Ashley Basso | corporate director | 2020-03 | ||
| Carl Niemann | corporate director | 2023-01 | ||
| David Hixenbaugh | corporate director | 2021-03 | ||
| Edgar Curtis | corporate officer | 2008-01 | ||
| Emily Bailey | corporate officer | 2026-01 | ||
| Emily Bailey | w-2 managing employee | 2026-01 | ||
| Eric Kahle | corporate director | 2018-03 | ||
| James Adcock | corporate officer | 2011-03 | ||
| James Adcock | corporate director | 2013-09 | ||
| Linda Smith | corporate director | 2016-03 | ||
| Pavinderpal Gill | corporate director | 2012-01 | ||
| Roger Mcclintock | corporate director | 2022-01 | ||
| Ronald Spears | corporate director | 2016-03 | ||
| Stephanie Seaman | w-2 managing employee | 2014-02 |
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 |