dealflow
envelope $200M

← Targets

Huntington Hospital

Huntington, Suffolk County, NY · CCN 330045
Licensed to Huntington Hospital Association

Composite
33.6
rank score
Distress
14
FY2023
Fit
64
vs thesis
Estimated ticket
$134M–$538M
269 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin negative
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • large — ticket likely stretches the envelope
  • ticket size well above the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$647M
Operating margin -3.6%
Total margin 24.3%
Days cash on hand 248
Current ratio 7.19
Occupancy83%

Facility

Beds269
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 259 $405M $51.8M -22.4% 9.3% 200 3.12 72% 14,187 28
2021 259 $458M $58.0M -23.1% 9.3% 231 4.36 81% 17,387 28
2022 269 $480M $-19.6M -27.8% -3.3% 178 5.89 81% 17,797 40
2023 269 $647M $215M -3.6% 24.3% 248 7.19 83% 18,392 14

Owners

OwnerRole%SinceType
Northwell Healthcare Inc
Westbury, NY
5% or greater direct ownership interest 100 2015-01 chain
Anthony Giaccone corporate director 2009-01
Bernard Rosof corporate director 2009-01
Brian Mcnallyu corporate director 2009-01
Carmela Anglim corporate director 2009-01
Christopher Barber corporate director 2009-01
Christopher Giamo corporate director 2017-01
Clifford Friedman corporate director 2017-01
Edward Murphy corporate director 2022-01
Fred Buckholtz corporate director 2009-01
Jennifer Mieres corporate director 2022-01
John Kean corporate director 2017-10
Joseph Saladino corporate director 2022-01
Katherine Heaviside corporate director 2022-01
Keith Friedlander corporate director 2009-01
Lewis Meltzer corporate director 2009-01
Lois Schlissel corporate director 2017-10
Michael Aboff corporate director 2009-01
Michael Dowling corporate director 2009-01
Michele Cusack corporate officer 2017-09
Nick Fitterman corporate officer 2018-10
Nick Fitterman corporate director 2018-10
Nick Fitterman w-2 managing employee 2018-10
Noah Finkel corporate director 2009-01
Norman St. George corporate director 2022-01

Showing 25 of 39. Full list via /api/targets/330045.

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