dealflow
envelope $200M

← Targets

Holy Name Hospital

Teaneck, Bergen County, NJ · CCN 310008
Licensed to Holy Name Medical Center Inc

Composite
37.4
rank score
Distress
28
FY2023
Fit
62
vs thesis
Estimated ticket
$144M–$578M
289 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • occupancy 45-60%
  • margin deteriorating
  • urban — higher occupancy and iteration surface
  • large — ticket likely stretches the envelope
  • ticket size well above the envelope
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$507M
Operating margin 7.6%
Total margin 14.3%
Days cash on hand 15
Current ratio 2.22
Occupancy55%

Facility

Beds289
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 289 $385M $85.8M -2.8% 17.8% 184 2.25 54% 9,352 18
2021 289 $453M $36.9M 2.9% 7.8% 148 2.29 54% 9,285 7
2022 289 $493M $97.2M 8.1% 17.3% 79 2.32 51% 11,074 12
2023 289 $507M $77.9M 7.6% 14.3% 15 2.22 55% 11,272 28

Owners

OwnerRole%SinceType
Michael Maron corporate director 2010-08
Santo Gencarelli contracted managing employee 2025-08
Santo Gencarelli corporate officer 2025-08
Santo Gencarelli w-2 managing employee 2025-08

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 NJ

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2022-12-21 Capital Health System, Inc. St. Francis Medical Center Capital Health Regional Medical Ctr 179
2022-01-01 Eoh Acquisition Group, Llc Prospect Eogh Inc East Orange General Hospital 159
2021-07-01 Hmh Hospitals Corporation Community Hospital Group Inc Jfk University Medical Center 353
2018-07-01 Ahs Hospital Corp General Conference Of Seventh Day... Hackettstown Medical Center 95
2018-01-01 Njmhmc, Llc Mha Llc Hudson Regional Hospital 102
2018-01-01 Hmh Hospitals Corporation Meridian Hospitals Corporation Riverview Medical Center 267
2018-01-01 Hmh Hospitals Corporation Meridian Hospitals Corporation Bayshore Medical Center 175
2018-01-01 Hmh Hospitals Corporation Meridian Hospitals Corporation Hmh -Ocean University Medical Center 313
2018-01-01 Hmh Hospitals Corporation Meridian Hospitals Corporation Jersey Shore University Med Ctr 580
2018-01-01 Hmh Hospitals Corporation Meridian Hospitals Corporation Southern Ocean Medical Center 156
2018-01-01 Hmh Hospitals Corporation Palisades Medical Center Palisades Medical Center 186
2018-01-01 Hmh Hospitals Corporation Raritan Bay Medical Center Raritan Bay Medical Center 270