dealflow
envelope $200M

← Targets

Osf Healthcare Transitional Care Hos

dba Osf Healthcare Divine Mercy Continuing Care Hospital · Peoria, Peoria County, IL · CCN 142013
Licensed to Greater Peoria Specialty Hospital, Llc

Composite
32.2
rank score
Distress
18
FY2024
Fit
56
vs thesis
Estimated ticket
$5.4M–$21.6M
18 beds · within envelope
Ownership
for-profit
LTCH

Why it ranks here

  • 30-60 days cash on hand
  • margin slipping
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • LTCH — distress here is a payment-model artifact
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2024

Net patient revenue$28.6M
Operating margin 5.3%
Total margin 5.4%
Days cash on hand 48
Current ratio 3.73
Occupancy78%

Facility

Beds18
Facility typeLTCH
Settingurban
Ownership classfor-profit
Per-bed (low) $300K
Per-bed (high) $1.2M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 50 $18.9M $1.1M 2.2% 5.6% 0.49 49% 344 34
2022 18 $13.6M $-1.6M -26.6% -10.0% 186 1.39 60% 277 48
2023 18 $22.9M $-7.8M -38.6% -32.5% 48 2.01 80% 233 61
2024 18 $28.6M $1.6M 5.3% 5.4% 48 3.73 78% 240 18

Owners

OwnerRole%SinceType
Anne Ziegler corporate director 2021-01
Brian Silverstein corporate director 2015-10
Bridget Meidl corporate officer 2026-04
Bridget Meidl corporate director 2014-11
Christopher Curry w-2 managing employee 2023-10
Gerald Mcshane corporate director 1996-09
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 contracted managing employee 2024-11
Kirsten Largent corporate officer 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
Osf Healthcare System
Peoria, IL
operational/managerial control 2023-10 chain
Patricia Brazeau corporate officer 2006-10
Patricia Brazeau corporate director 2006-10
Paula Selamat corporate director 2024-10

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
2025-03-01 Holy Family Medical Center - Des... Presence Chicago Hospitals Network Holy Family Medical Center 128
2020-12-16 Kindred Chicago Northlake, Llc Kindred Thc Chicago, Llc Kindred Hospital Chicago 185