Larabida Childrens Hospital
Chicago, Cook County, IL
· CCN 143301
Licensed to La Rabida Children's Hospital
Composite
53.7
rank score
Distress
53
FY2024
Fit
74
vs thesis
Estimated ticket
$19.9M–$79.6M
39 beds ·
within envelope
Ownership
nonprofit
CH
Why it ranks here
- operating margin below -10%
- 30-60 days cash on hand
- current ratio under 1.5
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- small but workable bed count
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $36.9M |
| Operating margin | -106.0% |
| Total margin | 20.4% |
| Days cash on hand | 30 |
| Current ratio | 1.34 |
| Occupancy | 79% |
Facility
| Beds | 39 |
| Facility type | CH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $510K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 30 | $28.5M | $36.4M | -111.9% | 37.6% | 67 | 1.47 | 90% | 256 | 41 |
| 2022 | 30 | $32.1M | $12.2M | -95.9% | 16.3% | 39 | 1.02 | 95% | 202 | 48 |
| 2023 | 39 | $30.6M | $14.4M | -127.4% | 17.1% | 22 | 0.99 | 90% | 121 | 59 |
| 2024 | 39 | $36.9M | $19.5M | -106.0% | 20.4% | 30 | 1.34 | 79% | 171 | 53 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brenda Wolf | corporate director | 2011-07 | ||
| Brenda Wolf | operational/managerial control | 2011-07 | ||
| Mark Renfree | operational/managerial control | 2010-07 | ||
| Michele Wysoglad | operational/managerial control | 2016-09 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.