Good Samaritan Medical Center
Brockton, Plymouth County, MA
· CCN 220111
Licensed to Bmc Community Hospital Corporation
Already transacted. CMS recorded an ownership change effective
2024-10-01. Confirm the current owner before spending a call on this.
Composite
13.0
rank score
Distress
28
FY2023
Fit
62
vs thesis
Estimated ticket
$20.8M–$41.6M
208 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- current ratio below 0.8
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
- changed ownership 2024-10-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $316M |
| Operating margin | 5.7% |
| Total margin | 11.7% |
| Days cash on hand | — |
| Current ratio | -96.22 |
| Occupancy | 87% |
Facility
| Beds | 208 |
| Facility type | STH |
| Setting | rural |
| Ownership class | for-profit |
| 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 | 251 | $275M | $69.5M | 3.8% | 20.8% | 0 | 23.53 | 68% | 14,122 | 22 |
| 2021 | 246 | $299M | $46.1M | 11.0% | 14.8% | 0 | -14.33 | 70% | 13,785 | 36 |
| 2022 | 208 | $300M | $43.2M | 7.4% | 13.5% | 0 | -5.03 | 78% | 12,778 | 36 |
| 2023 | 208 | $316M | $39.3M | 5.7% | 11.7% | — | -96.22 | 87% | 15,250 | 28 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ankur Agrawal | corporate officer | 100 | 2024-10 | |
| Bmc Community Hospital Corporation | 5% or greater direct ownership interest | 100 | 2024-10 | |
| Bmc Health System Inc | 5% or greater indirect ownership interest | 100 | 2024-10 | |
| Yousef Ghanem | corporate director | 100 | 2024-10 | |
| Alastair Bell | corporate officer | 2024-10 | ||
| Alastair Bell | corporate director | 2024-10 | ||
| David Beck | corporate officer | 2024-10 | ||
| Jesse Souweine | corporate officer | 2024-10 | ||
| Jesse Souweine | w-2 managing employee | 2024-10 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2024-10-01 | change of ownership | Bmc Community Hospital Corporation | Steward Good Samaritan Medical... |
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 |