dealflow
envelope $200M

← Targets

Rochester General Hospital

Rochester, Monroe County, NY · CCN 330125

Composite
52.7
rank score
Distress
65
FY2023
Fit
58
vs thesis
Estimated ticket
$40.0M–$79.9M
470 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin negative
  • 30-60 days cash on hand
  • current liabilities exceed current assets
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • very large — likely out of range
  • ticket size somewhat below the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$1.2B
Operating margin -31.9%
Total margin -0.9%
Days cash on hand 58
Current ratio 0.93
Occupancy97%

Facility

Beds470
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 470 $893M $60.3M -13.9% 5.9% 52 1.07 85% 26,726 48
2021 470 $1.0B $78.0M -12.3% 6.7% 34 1.05 101% 26,674 48
2022 470 $1.1B $-121M -27.9% -9.4% 60 0.93 96% 24,188 63
2023 470 $1.2B $-12.7M -31.9% -0.9% 58 0.93 97% 25,180 65

Owners

No ownership records — CMS has no owner filings mapped to this CCN.

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