Yale New Haven Hospital
New Haven, New Haven County, CT
· CCN 070022
Licensed to Yale New Haven Hospital
Composite
36.9
rank score
Distress
25
FY2023
Fit
64
vs thesis
Estimated ticket
$134M–$268M
1,340 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- rural — cheaper but limited density
- very large — likely out of range
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $3.6B |
| Operating margin | -13.3% |
| Total margin | 3.8% |
| Days cash on hand | 191 |
| Current ratio | 4.16 |
| Occupancy | 83% |
Facility
| Beds | 1,340 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 1,306 | $2.9B | $49.1M | -15.8% | 1.4% | 264 | 3.87 | 82% | 59,298 | 31 |
| 2021 | 1,306 | $3.2B | $477M | -11.3% | 11.7% | 293 | 3.80 | 84% | 58,034 | 28 |
| 2022 | 1,306 | $3.4B | $-468M | -15.7% | -13.3% | 205 | 3.50 | 85% | 57,353 | 44 |
| 2023 | 1,340 | $3.6B | $160M | -13.3% | 3.8% | 191 | 4.16 | 83% | 63,372 | 25 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Yale-New Haven Health Services Corporation | 5% or greater direct ownership interest | 100 | 1984-07 | |
| Christopher O'connor | corporate officer | 2022-06 | ||
| Gail Kosyla | corporate officer | 2025-01 | ||
| Jacqueline Wrinn | corporate director | 2025-03 | ||
| Jacqueline Wrinn | w-2 managing employee | 2025-03 | ||
| James Torgenson | corporate officer | 2025-01 | ||
| Jonathan Davis | corporate director | 2022-09 | ||
| Jonathan Davis | w-2 managing employee | 2022-09 | ||
| Linda Lorimer | corporate officer | 2025-01 | ||
| Mary Farrell | corporate officer | 2025-01 | ||
| Thomas Ketchum | corporate officer | 2025-01 | ||
| William Ginsberg | corporate officer | 2025-01 |
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 CT
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2019-10-01 | Svmc Holdings, Inc | St. Vincent's Medical Center | St. Vincents Medical Center | 219 |
| 2019-06-09 | Bridgeport Hospital | Milford Hospital, Inc | Bridgeport Hospital | 390 |
| 2017-08-01 | Vassar Health Connecticut Inc | Essent Healthcare Of Connecticut, Inc. | Sharon Hospital | 50 |