Columbia Memorial Hospital
Hudson, Columbia County, NY
· CCN 330094
Licensed to Columbia Memorial Hospital
Composite
56.1
rank score
Distress
78
FY2023
Fit
52
vs thesis
Estimated ticket
$13.4M–$26.9M
192 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio under 1.5
- occupancy 30-45%
- margin deteriorating sharply
- rural — cheaper but limited density
- bed count in the target band
- small ticket — deploys little of the available capital
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $130M |
| Operating margin | -35.9% |
| Total margin | -23.3% |
| Days cash on hand | 24 |
| Current ratio | 1.03 |
| Occupancy | 35% |
Facility
| Beds | 192 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 184 | $127M | $11.1M | -22.0% | 6.7% | 148 | 1.80 | 35% | 3,398 | 38 |
| 2021 | 192 | $144M | $7.5M | -12.6% | 4.4% | 143 | 1.76 | 38% | 3,462 | 38 |
| 2022 | 192 | $144M | $-16.9M | -18.8% | -11.0% | 76 | 1.68 | 36% | 3,064 | 60 |
| 2023 | 192 | $130M | $-33.3M | -35.9% | -23.3% | 24 | 1.03 | 35% | 3,196 | 78 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bryan Mahoney | corporate officer | 100 | 2016-04 | |
| Bryan Mahoney | operational/managerial control | 100 | 2016-04 | |
| Dorothy Urschel | corporate officer | 100 | 2020-01 | |
| Anthony Durante | corporate director | 2024-06 | ||
| Courtney Haskins | corporate director | 2024-06 | ||
| Dennis Mckenna | corporate director | 2024-06 | ||
| Douglas Hamlin | corporate director | 2024-06 | ||
| George Ferone | corporate director | 2024-06 | ||
| James Barba | corporate director | 2024-06 | ||
| James Cullum | corporate director | 2024-06 | ||
| Jason Mouzakes | corporate director | 2024-06 | ||
| Jeffrey Stone | corporate officer | 2024-06 | ||
| Kirk Kneller | corporate director | 2014-04 | ||
| Margaret Gillis | corporate director | 2024-06 | ||
| Mary Biebel | corporate director | 2024-06 | ||
| Michael Irwin | corporate director | 2021-07 | ||
| Raimundo Archibold | corporate director | 2024-06 | ||
| Ruth Mahoney | corporate director | 2024-06 | ||
| Sharon Duker | corporate director | 2021-07 | ||
| Steven Parnes | corporate director | 2024-06 | ||
| Theresa Skaine | corporate director | 2024-06 | ||
| Thomas Guay | corporate officer | 2024-06 |
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 |