dealflow
envelope $200M

← Targets

Cooper University Hospital

Camden, U.s.a. County, NJ · CCN 310014
Licensed to The Cooper Health System

Composite
8.8
rank score
Distress
0
FY2023
Fit
55
vs thesis
Estimated ticket
$289M–$1.2B
578 beds · over envelope
Ownership
nonprofit
STH

Why it ranks here

  • urban — higher occupancy and iteration surface
  • very large — likely out of range
  • estimated price exceeds the capital envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$1.6B
Operating margin 4.1%
Total margin 14.8%
Days cash on hand 242
Current ratio 3.04
Occupancy94%

Facility

Beds578
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 562 $1.2B $69.6M 5.7% 5.7% 185 2.39 79% 29,844 0
2021 564 $1.3B $201M 5.3% 14.0% 200 2.82 90% 33,090 0
2022 580 $1.4B $151M 2.0% 9.7% 169 2.46 89% 31,383 0
2023 578 $1.6B $268M 4.1% 14.8% 242 3.04 94% 31,354 0

Owners

OwnerRole%SinceType
Abe Feld w-2 managing employee 2010-06
Annette Reboli corporate director 2011-04
Anthony Mazzarelli corporate officer 2019-06
Brian Reilly corporate officer 2017-10
Charles Foulke corporate director 2022-10
Cheryl Norton corporate director 2019-06
Eli Winkler corporate director 2025-10
Faustino Fernandez-Vina corporate director 2022-05
Generosa Grana corporate director 2011-09
George Norcross corporate officer 1990-03
George Norcross corporate director 1990-03
Kevin O'dowd corporate officer 2019-06
Leon Dembo corporate director 2007-05
Michael Chansky corporate director 2011-09
Michael Goodman corporate director 2023-03
Peter Amenta corporate director 2006-05
Peter Driscoll, Esq corporate director 1985-01
Philip Norcross, Esq corporate director 2015-01
Richard Smith corporate director 2025-10
Roland Schwarting corporate director 2011-09
Ronald Jaworski corporate director 2025-10
Sean Murphy corporate director 2022-05
Sidney Brown corporate director 2015-01
Stephen Sweeney corporate director 2025-10
Steven Ross corporate director 2015-01

Showing 25 of 26. Full list via /api/targets/310014.

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