dealflow
envelope $200M

← Targets

Memorial Hospital For Cancer And All

New York, New York County, NY · CCN 330154
Licensed to Memorial Hospital For Cancer And Allied Diseases

Composite
16.7
rank score
Distress
45
FY2023
Fit
54
vs thesis
Estimated ticket
$257M–$1.0B
514 beds · over envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • under 30 days cash on hand
  • urban — higher occupancy and iteration surface
  • very large — likely out of range
  • estimated price exceeds the capital envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$4.9B
Operating margin -23.4%
Total margin 2.5%
Days cash on hand 0
Current ratio 1.62
Occupancy94%

Facility

Beds514
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 514 $3.4B $-234M -42.0% -5.1% 0 1.09 86% 22,803 66
2021 514 $4.1B $255M -27.0% 4.8% 0 1.20 91% 24,167 53
2022 514 $4.3B $-108M -32.5% -1.9% 0 1.54 91% 23,763 58
2023 514 $4.9B $157M -23.4% 2.5% 0 1.62 94% 25,224 45

Owners

OwnerRole%SinceType
Alan Schnitzer corporate director 2017-04
Alexander Robertson corporate director 2016-04
Anaeze Offodile corporate officer 2023-05
Anaeze Offodile w-2 managing employee 2023-05
Anthony Diasio w-2 managing employee 2017-01
Anthony Evnin corporate director 2011-03
Benjamin Heineman corporate director 2004-03
Bruce Ratner corporate director 2008-04
Cardinale Smith corporate officer 2024-12
Cardinale Smith w-2 managing employee 2024-12
Carolyn Levine corporate officer 2017-04
Carolyn Levine w-2 managing employee 2011-06
Christopher Deluco w-2 managing employee 2019-03
Clifton Robbins corporate director 2000-03
Debra Berns corporate officer 2018-03
Debra Berns w-2 managing employee 2018-03
Douglas Warner corporate director 1995-03
Ellen Futter corporate director 2003-03
Erin Mcdonough corporate officer 2021-11
Erin Mcdonough w-2 managing employee 2021-11
Henry Fernandez corporate director 2014-06
Ian Cook corporate director 2012-03
James Niven corporate director 1980-03
Jamie Nicholls corporate director 2019-01
Janet Mak corporate officer 2025-03

Showing 25 of 63. Full list via /api/targets/330154.

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