Alexian Brothers Behavioral Health
dba Alexian Brothers Behavioral Health Hospital ·
Hoffman Estates, Cook County, IL
· CCN 144031
Licensed to Alexian Brothers Behavioral Health Hospital
Composite
67.6
rank score
Distress
78
FY2024
Fit
76
vs thesis
Estimated ticket
$27.1M–$109M
141 beds ·
within envelope
Ownership
nonprofit
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current liabilities exceed current assets
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $75.6M |
| Operating margin | -31.6% |
| Total margin | -27.5% |
| Days cash on hand | 0 |
| Current ratio | 0.80 |
| Occupancy | 73% |
Facility
| Beds | 141 |
| Facility type | PH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $192K |
| Per-bed (high) | $770K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 141 | $84.4M | $3.2M | -9.7% | 3.3% | 1 | 1.34 | 69% | 4,286 | 48 |
| 2022 | 141 | $87.7M | $-3.4M | -9.6% | -3.7% | 0 | 0.81 | 74% | 4,421 | 66 |
| 2023 | 141 | $82.4M | $-15.8M | -22.6% | -18.5% | 0 | 0.82 | 76% | 4,589 | 76 |
| 2024 | 141 | $75.6M | $-21.4M | -31.6% | -27.5% | 0 | 0.80 | 73% | 5,051 | 78 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alexian Brothers Health System | operational/managerial control | 2010-08 | chain | |
| Ascension Health | operational/managerial control | 2022-04 | ||
| Clayton Ciha | corporate officer | 2011-07 | ||
| Deborah Mau | corporate officer | 2020-05 | ||
| Deborah Mau | w-2 managing employee | 2020-05 | ||
| Legary Vaselopulos | corporate director | 2018-12 | ||
| Legary Vaselopulos | w-2 managing employee | 2018-12 | ||
| Polly Davenport | corporate officer | 2022-04 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.