Masonicare Health Center
Wallingford, New Haven County, CT · CCN 070039
Composite
17.8
rank score
Distress
64
FY2023
Fit
39
vs thesis
Estimated ticket
—–—
— beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio under 1.5
- urban — higher occupancy and iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $41.5M |
| Operating margin | -14.6% |
| Total margin | -7.1% |
| Days cash on hand | 0 |
| Current ratio | 1.38 |
| Occupancy | — |
Facility
| Beds | — |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | — |
| Per-bed (high) | — |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 30 | $60.6M | $-7.0M | -17.5% | -10.9% | 0 | 1.62 | 5% | 121 | 76 |
| 2021 | — | $52.3M | $-4.2M | -14.2% | -7.6% | 0 | 1.35 | — | — | 72 |
| 2022 | — | $53.0M | $-2.1M | -10.7% | -3.7% | 0 | 1.21 | — | — | 72 |
| 2023 | — | $41.5M | $-3.2M | -14.6% | -7.1% | 0 | 1.38 | — | — | 64 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 |