The Pavilion Foundation
dba The Pavilion Behavioral Health System ·
Champaign, Champaign County, IL
· CCN 144029
Licensed to Pavilion Foundation
Composite
52.6
rank score
Distress
42
FY2023
Fit
80
vs thesis
Estimated ticket
$23.1M–$92.4M
84 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $30.1M |
| Operating margin | 5.8% |
| Total margin | 15.4% |
| Days cash on hand | 0 |
| Current ratio | -0.03 |
| Occupancy | 75% |
Facility
| Beds | 84 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $275K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 72 | $28.3M | $9.3M | 23.1% | 29.8% | 0 | -0.02 | 80% | 2,907 | 36 |
| 2021 | 72 | $27.5M | $7.3M | 18.4% | 24.6% | 0 | -0.03 | 73% | 2,515 | 36 |
| 2022 | 80 | $31.6M | $7.8M | 17.5% | 23.0% | 0 | -0.03 | 75% | 2,632 | 36 |
| 2023 | 84 | $30.1M | $5.2M | 5.8% | 15.4% | 0 | -0.03 | 75% | 2,680 | 42 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Ramagano | corporate officer | 100 | 2010-07 | |
| George Brunner | corporate officer | 100 | 2010-07 | |
| Katharine Lyver | corporate officer | 100 | 2024-01 | |
| Matthew Klein | corporate officer | 100 | 2010-07 | |
| Matthew Peterson | corporate officer | 100 | 2019-09 | |
| Matthew Peterson | operational/managerial control | 100 | 2019-09 | |
| Steve Filton | corporate officer | 100 | 2010-07 | |
| Steve Filton | operational/managerial control | 100 | 2010-07 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Uhs Of Delaware Inc | 5% or greater direct ownership interest | 100 | 2010-07 | chain |
| Universal Health Services Inc | 5% or greater indirect ownership interest | 100 | 2010-07 | |
| West Church Partnership | operational/managerial control | 100 | 2010-07 | |
| Alan Miller | 5% or greater indirect ownership interest | 87 | 2024-03 | |
| James Coleman | contracted managing employee | 50 | 2010-07 | |
| Matthew Peterson | corporate director | 33 | 2019-09 | |
| Steve Filton | corporate director | 33 | 2010-07 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Shaun Doherty | contracted managing employee | 2024-06 | ||
| Shaun Doherty | corporate officer | 2024-06 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.