St. Josephs Hospital Health Center
Syracuse, Onondaga County, NY
· CCN 330140
Licensed to St Josephs Hospital Health Center
Composite
59.1
rank score
Distress
69
FY2024
Fit
66
vs thesis
Estimated ticket
$27.0M–$54.1M
318 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin under 2%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- large — ticket likely stretches the envelope
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $589M |
| Operating margin | -2.2% |
| Total margin | 0.9% |
| Days cash on hand | 4 |
| Current ratio | 0.50 |
| Occupancy | 77% |
Facility
| Beds | 318 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 431 | $535M | $53.0M | -5.7% | 8.9% | 65 | 1.27 | 69% | 21,368 | 43 |
| 2022 | 431 | $521M | $-20.8M | -8.9% | -3.8% | 19 | 0.90 | 64% | 19,025 | 77 |
| 2023 | 431 | $531M | $-30.3M | -9.0% | -5.4% | 11 | 0.54 | 65% | 20,547 | 81 |
| 2024 | 318 | $589M | $5.2M | -2.2% | 0.9% | 4 | 0.50 | 77% | 14,599 | 69 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| St. Joseph's Health, Inc. | 5% or greater direct ownership interest | 100 | 2014-12 | |
| Trinity Health Corporation | 5% or greater indirect ownership interest | 100 | 2015-07 | chain |
| Daniel Isacksen | corporate director | 2021-07 | ||
| Eric Farrell | corporate officer | 2025-01 | ||
| Eric Farrell | corporate director | 2025-01 | ||
| Gina Myers | corporate director | 2019-04 | ||
| Guha Bala | corporate director | 2022-10 | ||
| Jamie Mastroianni | contracted managing employee | 2025-06 | ||
| Jamie Mastroianni | operational/managerial control | 2025-06 | ||
| John Marshall | corporate officer | 2025-01 | ||
| John Marshall | corporate director | 2019-04 | ||
| Julie Edmunds Smith | corporate officer | 2021-01 | ||
| Julie Edmunds Smith | operational/managerial control | 2021-01 | ||
| Kathleen Jimino | corporate officer | 2025-01 | ||
| Kathleen Jimino | corporate director | 2022-10 | ||
| Kerri Sweet Zavaglia | corporate director | 2021-07 | ||
| Kristen Mucitelli | operational/managerial control | 2021-01 | ||
| Mark Murphy | operational/managerial control | 2019-04 | ||
| Meredith Price | corporate officer | 2013-09 | ||
| Meredith Price | operational/managerial control | 2013-09 | ||
| Merriette Pollard | corporate director | 2025-01 | ||
| Michael Meath | corporate director | 2019-04 | ||
| Oluwatoyin Tofade | corporate director | 2025-01 | ||
| Philip Falcone | operational/managerial control | 2022-01 | ||
| Robert Mccormick | corporate director | 2022-10 |
Showing 25 of 32. Full list via /api/targets/330140.
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 |