St. James Hospital
Hornell, Steuben County, NY
· CCN 330151
Licensed to St James Hospital
Composite
34.6
rank score
Distress
33
FY2024
Fit
50
vs thesis
Estimated ticket
$1.5M–$3.0M
15 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- 60-90 days cash on hand
- margin deteriorating sharply
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $57.6M |
| Operating margin | -4.2% |
| Total margin | 2.5% |
| Days cash on hand | 89 |
| Current ratio | 2.06 |
| Occupancy | 69% |
Facility
| Beds | 15 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 15 | $13.9M | $8.6M | -47.9% | 29.4% | 220 | 1.01 | 45% | 349 | 33 |
| 2021 | 15 | $38.6M | $7.6M | -17.4% | 14.3% | 101 | 1.75 | 64% | 795 | 32 |
| 2022 | 15 | $44.1M | $-4.0M | -25.0% | -7.9% | 56 | 1.71 | 86% | 960 | 57 |
| 2023 | 15 | $46.3M | $-8.2M | -27.4% | -16.1% | 42 | 1.80 | 86% | 887 | 61 |
| 2024 | 15 | $57.6M | $1.6M | -4.2% | 2.5% | 89 | 2.06 | 69% | 911 | 33 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bilal Ahmed | contracted managing employee | 2017-07 | ||
| Bilal Ahmed | corporate director | 2023-06 | ||
| Carrie Cokely | corporate director | 2024-02 | ||
| Denise Becher | w-2 managing employee | 1989-06 | ||
| Ismail Mehr | corporate director | 2015-05 | ||
| Jennifer Donlon | corporate director | 2024-02 | ||
| Jeremy Palotti | corporate director | 2024-02 | ||
| John Weyand | corporate director | 2015-05 | ||
| Katherine Warner | w-2 managing employee | 2012-11 | ||
| Kathleen Parrinello | corporate director | 2023-09 | ||
| Mark Whitman | corporate director | 2024-02 | ||
| Melissa Ponticello | corporate director | 2024-02 | ||
| Nicholas Kelley | corporate director | 2021-06 | ||
| Peter Wall | corporate director | 2015-01 | ||
| Shawn Hogan | corporate director | 2015-05 | ||
| Steven Goldstein | corporate director | 2018-03 | ||
| Wendy Disbrow | corporate officer | 2022-07 | ||
| Wendy Disbrow | w-2 managing employee | 2022-07 |
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 |