Newton Wellesley Hospital
Newton, Middlesex County, MA
· CCN 220101
Licensed to Newton-Wellesley Hospital
Composite
35.3
rank score
Distress
26
FY2023
Fit
59
vs thesis
Estimated ticket
$21.6M–$43.2M
216 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin under 2%
- 60-90 days cash on hand
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $692M |
| Operating margin | -2.2% |
| Total margin | 1.1% |
| Days cash on hand | 86 |
| Current ratio | 2.13 |
| Occupancy | 103% |
Facility
| Beds | 216 |
| 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 | 228 | $481M | $-34.6M | -16.4% | -6.5% | 67 | 1.01 | 75% | 14,793 | 58 |
| 2021 | 228 | $587M | $-62.8M | -2.2% | -10.3% | 17 | 0.65 | 81% | 15,420 | 72 |
| 2022 | 216 | $624M | $-8.1M | -4.7% | -1.3% | 100 | 2.04 | 92% | 15,827 | 28 |
| 2023 | 216 | $692M | $8.2M | -2.2% | 1.1% | 86 | 2.13 | 103% | 17,705 | 26 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adam Koppel | corporate director | 2016-06 | ||
| Anne Klibanski | other | 2019-05 | ||
| Benjamin Gomez | corporate director | 2011-07 | ||
| Brenda Haynes | corporate officer | 2019-07 | ||
| Candace Lapidus | corporate director | 2020-10 | ||
| Christopher Collins | corporate director | 2019-07 | ||
| Christopher Kelly | corporate director | 2013-07 | ||
| Ellen Moloney | corporate officer | 2023-03 | ||
| Joan Vitello-Cicciu | corporate director | 2016-04 | ||
| Jonathan Snider | corporate director | 2023-07 | ||
| Julie Chattopadhyay | corporate officer | 2015-03 | ||
| Julie Marriott | corporate director | 2022-07 | ||
| Linda Derenzo | corporate director | 2015-06 | ||
| Liza Meyerhardt | corporate director | 2019-07 | ||
| Mass General Brigham Incorporated | other | 1999-02 | ||
| Newton-Wellesley Hospital | other | 2002-09 | ||
| Sareh Parangi | corporate director | 2023-04 | ||
| Seth Alexander | corporate director | 2022-07 | ||
| Steven Fischman | corporate director | 2024-01 | ||
| Timothy Foster | corporate director | 2020-10 | ||
| Vincent Mcdermott | corporate officer | 2018-01 | ||
| Vincent Mcdermott | w-2 managing employee | 2018-01 | ||
| Vincent Rougeau | corporate director | 2021-03 | ||
| Yumin Choi | corporate officer | 2018-12 |
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 MA
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 |
|---|---|---|---|---|
| 2024-10-01 | Bmc Community Hospital Corporation | Steward Good Samaritan Medical Center, Inc. | Good Samaritan Medical Center | 208 |
| 2024-10-01 | Lg Newcorp Inc. | Steward Holy Family Hospital Inc | Steward Holy Family Hospital | 293 |
| 2024-10-01 | Lifespan Of Massachusetts - Fall River Inc | Steward St. Annes Hospital Corporation | Steward St. Annes Hospital | 154 |
| 2024-10-01 | Lifespan Of Massachusetts - Taunton Inc | Morton Hospital, A Steward Family... | Morton Hospital | 125 |
| 2024-10-01 | Bmc Community Hospital Corporation Ii | Steward St Elizabeths Medical... | Steward St. Elizabeths Medical Ctr | 244 |