Sisters Of Charity Hospital
Buffalo, Erie County, NY
· CCN 330078
Licensed to Sisters Of Charity Hospital Of Buffalo New York
Composite
53.0
rank score
Distress
64
FY2023
Fit
60
vs thesis
Estimated ticket
$146M–$583M
343 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin negative
- under 30 days cash on hand
- current ratio under 1.5
- debt above 85% of assets
- occupancy 45-60%
- 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 | $341M |
| Operating margin | -27.1% |
| Total margin | -2.9% |
| Days cash on hand | 19 |
| Current ratio | 1.46 |
| Occupancy | 46% |
Facility
| Beds | 343 |
| 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 | 386 | $276M | $-18.2M | -35.3% | -5.1% | 33 | 0.84 | 43% | 11,244 | 79 |
| 2021 | 398 | $303M | $-33.4M | -31.4% | -9.2% | 42 | 1.74 | 43% | 11,514 | 74 |
| 2022 | 398 | $315M | $-51.5M | -32.8% | -14.1% | 18 | 1.38 | 37% | 11,156 | 83 |
| 2023 | 343 | $341M | $-12.4M | -27.1% | -2.9% | 19 | 1.46 | 46% | 13,390 | 64 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alexis Agnello | corporate director | 2022-01 | ||
| Cj Urlaub | corporate director | 2022-01 | ||
| David Macholz | corporate officer | 2022-01 | ||
| David Macholz | operational/managerial control | 2022-01 | ||
| David Macholz | other | 2014-06 | ||
| John Beyer | corporate director | 2022-01 | ||
| Joyce Markiewicz | corporate officer | 2023-09 | ||
| Joyce Markiewicz | w-2 managing employee | 2023-09 | ||
| Leonardo Sette-Camara | corporate director | 2022-01 | ||
| Nelson Grimm | corporate director | 2022-01 | ||
| Robert Zapfel | corporate director | 2014-06 | ||
| Russell Edwards | corporate director | 2022-01 | ||
| Sisters Of Charity Hospital Of Buffalo New York | operational/managerial control | 2020-01 | ||
| Thomas Gleason | corporate director | 2022-01 | ||
| Toni Murphy | corporate director | 2022-01 | ||
| Walter Ludwig | corporate director | 2022-01 |
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 |