dealflow
envelope $200M

← Targets

Mount Sinai Hospital

New York, New York County, NY · CCN 330024
Licensed to Mount Sinai Hospital

Composite
20.3
rank score
Distress
65
FY2023
Fit
54
vs thesis
Estimated ticket
$447M–$1.8B
1,052 beds · over envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • 30-60 days cash on hand
  • margin deteriorating sharply
  • 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$3.5B
Operating margin -14.2%
Total margin -9.9%
Days cash on hand 50
Current ratio 1.84
Occupancy95%

Facility

Beds1,052
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 1,087 $2.7B $133M -20.8% 4.1% 199 3.48 89% 50,506 28
2021 1,080 $3.0B $208M -11.8% 6.1% 162 2.63 90% 51,471 28
2022 1,085 $3.2B $-196M -12.1% -5.3% 95 2.46 94% 53,132 44
2023 1,052 $3.5B $-386M -14.2% -9.9% 50 1.84 95% 55,104 65

Owners

OwnerRole%SinceType
David Reich corporate director 2016-02
Debra Jaeger corporate officer 2025-01
Debra Jaeger corporate director 2025-01
Debra Jaeger w-2 managing employee 2025-01
Debra Jaeger operational/managerial control 2025-01
Eric Mindich corporate director 2011-02
Frank Bisignano corporate director 2022-03
Henry Calderon corporate director 2011-02
James Gogel corporate director 2011-02
James Neary corporate director 2022-03
James Tisch corporate director 2016-02
Joel Ehrenkranz corporate director 2011-02
Joel Picket corporate director 2022-03
John Hess corporate director 2011-02
John Levin corporate director 2011-02
John Winkleman corporate director 2016-02
Judith Rubin corporate director 2016-02
Louis Pell corporate director 2022-03
Michael Minikes corporate director 2016-02
Michael Zimmerman corporate director 2022-03
Peter May corporate director 2011-02
Robert Savage corporate director 2022-03
Steven Hochberg corporate director 2016-02
Susan Cullman corporate director 2022-03
Thomas Strauss corporate director 2016-02

Showing 25 of 26. Full list via /api/targets/330024.

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 NY

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

DateBuyerSellerHospitalBeds
2025-03-01 Nyu Langone Hospitals Brookhaven Memorial Hospital... Long Island Community Hospital 157
2022-10-01 The New York And Presbyterian Hospital Newyork-Presbyterian... New York Presbyterian Hospital 2,850
2021-02-27 New York City Health And Hospitals... New York City Health And Hospitals... Jacobi Medical Center 440
2021-01-01 The Brookdale Hospital Medical Center Kingsbrook Jewish Medical Center Brookdale Hospital Medical Center 450
2020-10-01 Samaritan Hospital Of Troy, New York Burdett Care Center, Inc. Samaritan Hospital 252
2020-09-23 Healthalliance Hospital Marys Avenue Campus Healthalliance Hospital Broadway Campus Healthalliance Hospital Marys Ave Ca 111
2020-01-01 Samaritan Hospital Of Troy, New York Memorial Hospital, Albany N.y. Samaritan Hospital 252
2019-07-01 University Hospital At Stony Brook Eastern Long Island Hospital Assoc Inc Stony Brook University Hospital 725
2019-01-01 Samaritan Hospital Of Troy, New York Seton Health System, Inc Samaritan Hospital 252
2016-01-14 Long Island Jewish Medical Center Forest Hills Hospital Long Island Jewish Medical Center 1,153