Good Samaritan Hospital
dba Wmc Health Network - Rockland, Inc. ·
Suffern, Rockland County, NY
· CCN 330158
Licensed to Good Samaritan Hospital Of Suffern
Composite
58.5
rank score
Distress
69
FY2023
Fit
68
vs thesis
Estimated ticket
$122M–$486M
286 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio under 1.5
- liabilities exceed assets
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size at the top of the envelope — would need leverage
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $362M |
| Operating margin | -12.3% |
| Total margin | -5.6% |
| Days cash on hand | 0 |
| Current ratio | 1.02 |
| Occupancy | 68% |
Facility
| Beds | 286 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 286 | $286M | $-72.0M | -19.6% | -20.4% | 0 | 0.41 | 55% | 12,708 | 93 |
| 2021 | 286 | $347M | $48.5M | -4.0% | 13.6% | 0 | 0.76 | 64% | 13,889 | 62 |
| 2022 | 286 | $352M | $43.0M | -5.6% | 12.0% | 0 | 0.78 | 69% | 14,168 | 66 |
| 2023 | 286 | $362M | $-20.6M | -12.3% | -5.6% | 0 | 1.02 | 68% | 13,985 | 69 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bon Secours Charity Health System, Inc. | 5% or greater direct ownership interest | 100 | 2000-01 | |
| Westchester Medical Center Health Network | 5% or greater indirect ownership interest | 100 | 2025-09 | |
| Andrew Pickens | corporate officer | 2025-06 | ||
| Andrew Pickens | corporate director | 2025-06 | ||
| Andrew Pickens | w-2 managing employee | 2025-06 | ||
| Anthony Costello | corporate director | 2025-01 | ||
| David Lubarsky | corporate director | 2025-02 | ||
| Joshua Ratner | corporate director | 2021-01 | ||
| Marie Yezzo | corporate officer | 2025-01 | ||
| Marie Yezzo | w-2 managing employee | 2025-01 | ||
| Mario Difiglia | corporate director | 2024-03 | ||
| Martin Rogowsky | corporate director | 2025-02 | ||
| Michael Rosenblut | corporate director | 2021-01 | ||
| Patrick Baker | corporate director | 2023-01 | ||
| Sandra Grannum | other | 2014-01 | ||
| Susan Gevertz | corporate director | 2021-01 | ||
| Tamer El-Rayess | corporate director | 2014-01 |
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 |