Meadowview Psychiatric Hospital
Secaucus, Hudson County, NJ
· CCN 314024
Licensed to Hudson Co Board Of Chosen Freehold Admin
Composite
57.2
rank score
Distress
60
FY2023
Fit
75
vs thesis
Estimated ticket
$19.6M–$78.5M
84 beds ·
within envelope
Ownership
government
PH
Why it ranks here
- operating margin -10% to -5%
- margin deteriorating
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $29.8M |
| Operating margin | -9.1% |
| Total margin | — |
| Days cash on hand | — |
| Current ratio | — |
| Occupancy | 88% |
Facility
| Beds | 84 |
| Facility type | PH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $234K |
| Per-bed (high) | $935K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 84 | $31.7M | $2.2M | 6.9% | 6.9% | — | — | 86% | 161 | 0 |
| 2021 | 84 | $34.6M | $1.6M | 4.6% | 4.6% | — | — | 88% | 186 | 0 |
| 2022 | 84 | $28.3M | — | -16.6% | — | — | — | 90% | 154 | — |
| 2023 | 84 | $29.8M | — | -9.1% | — | — | — | 88% | 201 | 60 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Jose Olaya | w-2 managing employee | 100 | 2018-01 |
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 |
|---|---|---|---|---|
| 2024-10-15 | Runnells Bh Operating Llc | County Of Union | Cornerstone Behavioral Health Hospit | 44 |