Robert Wood Johnson Univ Hosp @ Som
dba Robert Wood Johnson Hospital At Somerset ·
Somerville, Somerset County, NJ
· CCN 310048
Licensed to Robert Wood Johnson University Hospital, Inc
Composite
53.2
rank score
Distress
63
FY2023
Fit
62
vs thesis
Estimated ticket
$141M–$564M
332 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- occupancy 45-60%
- margin deteriorating sharply
- 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 | $375M |
| Operating margin | -7.2% |
| Total margin | -4.2% |
| Days cash on hand | 0 |
| Current ratio | 3.02 |
| Occupancy | 59% |
Facility
| Beds | 332 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 311 | $283M | $15.8M | -9.7% | 4.8% | 0 | 3.19 | 57% | 12,323 | 47 |
| 2021 | 347 | $336M | $-6.7M | -5.5% | -1.9% | 0 | 3.58 | 56% | 14,037 | 54 |
| 2022 | 327 | $351M | $-23.6M | -9.0% | -6.6% | 0 | 3.61 | 57% | 13,264 | 59 |
| 2023 | 332 | $375M | $-16.3M | -7.2% | -4.2% | 0 | 3.02 | 59% | 13,814 | 63 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Rwj Barnabas Health Inc | operational/managerial control | 100 | 2016-04 | |
| Deirdre Blaus | corporate officer | 2025-05 | ||
| John Dileo | corporate officer | 2019-01 | ||
| Mark Manigan | corporate officer | 2023-01 | ||
| Richard Henwood | w-2 managing employee | 2016-04 |
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |