dealflow
envelope $200M

← Targets

St. Francis Hospital

dba St Francis Hospital · Litchfield, Montgomery County, IL · CCN 141350
Licensed to St Francis Hospital Of The Hospital Sisters Of The Third Order Of St F

Composite
33.2
rank score
Distress
35
FY2024
Fit
44
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 30-45%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • thin occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$60.5M
Operating margin 14.6%
Total margin 22.2%
Days cash on hand 0
Current ratio 2.33
Occupancy33%

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 $53.1M $28.1M 16.8% 48.2% 5 1.10 40% 861 31
2022 25 $56.7M $4.9M 13.6% 7.6% 0 0.99 40% 970 37
2023 25 $61.6M $17.5M 17.4% 27.5% 1 1.63 39% 999 28
2024 25 $60.5M $14.2M 14.6% 22.2% 0 2.33 33% 864 35

Owners

OwnerRole%SinceType
Hospital Sisters Services Inc
Springfield, IL
5% or greater direct ownership interest 100 1966-11
Ann Bond corporate director 2025-10
Aryn Hunter corporate director 2026-05
Elisa Feldmann corporate director 2024-01
Jane Martin corporate director 2020-02
Jeffery Sterling corporate director 2025-05
Jeffery Sterling w-2 managing employee 2025-05
Jennifer Reid Baugher corporate director 2022-05
Joanne Vanleer corporate director 2025-05
John Winans corporate director 2024-01
Keith Cochran corporate director 2026-05
Kevin Niemann corporate director 2019-01
Paige Toth corporate director 2025-10
Wallace Anderson corporate director 2026-05
William Montgomery 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.

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