Richmond University Medical Center
Staten Island, Richmond County, NY
· CCN 330028
Licensed to Richmond Medical Center
Composite
63.0
rank score
Distress
72
FY2023
Fit
76
vs thesis
Estimated ticket
$73.2M–$293M
209 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- debt above 70% of assets
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $380M |
| Operating margin | -36.5% |
| Total margin | -3.7% |
| Days cash on hand | 21 |
| Current ratio | 0.43 |
| Occupancy | 81% |
Facility
| Beds | 209 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 215 | $277M | $-53.7M | -52.3% | -14.6% | 93 | 1.41 | 77% | 10,318 | 60 |
| 2021 | 215 | $320M | $-16.5M | -34.7% | -4.0% | 44 | 0.93 | 76% | 10,386 | 73 |
| 2022 | 215 | $387M | $-2.8M | -18.9% | -0.6% | 49 | 0.94 | 80% | 10,927 | 66 |
| 2023 | 209 | $380M | $-18.5M | -36.5% | -3.7% | 21 | 0.43 | 81% | 11,167 | 72 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kathryn Rooney | corporate director | 1 | 2007-01 | |
| Catherine Paulo | corporate director | 2007-01 | ||
| Daniel Messina | w-2 managing employee | 2014-04 | ||
| David Murray | corporate officer | 2022-06 | ||
| Dennis Quirk | corporate director | 2007-01 | ||
| Gina Gutzeit | corporate director | 2007-01 |
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 NY
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 |
|---|---|---|---|---|
| 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 |