dealflow
envelope $200M

← Targets

Valley West Community Hospital

dba Northwestern Medicine Valley West Hospital · Sandwich, IL · CCN 141340
Licensed to Valley West Community Hospital

Composite
25.9
rank score
Distress
25
FY2024
Fit
36
vs thesis
Estimated ticket
$1.6M–$3.2M
19 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • under 30 days cash on hand
  • occupancy 30-45%
  • rural — cheaper but limited density
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$61.7M
Operating margin 21.5%
Total margin 25.4%
Days cash on hand 0
Current ratio 2.10
Occupancy39%

Facility

Beds19
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 $54.1M $12.0M 14.9% 20.7% 1 6.33 32% 606 28
2022 25 $53.7M $11.0M 13.2% 19.1% 0 8.73 34% 658 28
2023 25 $55.0M $13.8M 17.5% 23.3% 0 -1.08 23% 420 44
2024 19 $61.7M $16.5M 21.5% 25.4% 0 2.10 39% 466 25

Owners

OwnerRole%SinceType
Kishhealth System
Dekalb, IL
5% or greater direct ownership interest 100 2006-05
Northwestern Memorial Healthcare
Chicago, IL
5% or greater indirect ownership interest 100 2015-12
Aaron Epstein corporate director 2024-09
Ankur Behl corporate director 2023-09
Anthony Kesman corporate director 2022-09
Carol Bernick corporate director 2022-09
Charles Ruth corporate director 2022-09
Dean Harrison corporate director 2014-09
Deborah Saran corporate director 2022-09
Forrest Whittaker corporate director 2022-09
Howard Chrisman corporate director 2023-01
James Thorpe corporate director 2022-09
James Zallie corporate director 2022-09
John Guido corporate director 2024-01
Jose Carlos Gonzalez-Mendez corporate director 2018-09
Joseph Crane corporate director 2022-09
Kermit Crawford corporate director 2022-09
Kevin Poorten corporate director 2022-03
Maura O'toole corporate officer 2021-12
Maura O'toole w-2 managing employee 2021-12
Michael Leonard corporate director 2022-09
Michael Mullen corporate officer 2022-09
Michele Montpetit corporate director 2024-09
Scott Gwilliam corporate director 2022-09
Scott Serota corporate director 2022-09

Showing 25 of 30. Full list via /api/targets/141340.

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.

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