Samaritan Hospital
Troy, Rensselaer County, NY
· CCN 330180
Licensed to Samaritan Hospital Of Troy, New York
Composite
35.7
rank score
Distress
25
FY2024
Fit
56
vs thesis
Estimated ticket
$25.2M–$50.4M
252 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- current ratio under 1.5
- occupancy 45-60%
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- large — ticket likely stretches the envelope
- small ticket — deploys little of the available capital
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $426M |
| Operating margin | 4.4% |
| Total margin | 12.4% |
| Days cash on hand | 3 |
| Current ratio | 1.39 |
| Occupancy | 49% |
Facility
| Beds | 252 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 345 | $350M | $18.9M | -4.2% | 5.1% | 8 | 0.47 | 40% | 9,795 | 57 |
| 2022 | 272 | $399M | $10.4M | 0.0% | 2.5% | 5 | 0.48 | 56% | 9,986 | 44 |
| 2023 | 252 | $407M | $22.8M | -0.3% | 5.3% | 4 | 0.63 | 54% | 9,967 | 53 |
| 2024 | 252 | $426M | $57.9M | 4.4% | 12.4% | 3 | 1.39 | 49% | 9,032 | 25 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| St Peters Health Partners | 5% or greater indirect ownership interest | 100 | 2013-01 | |
| Trinity Health Corporation | 5% or greater indirect ownership interest | 100 | 2014-07 | chain |
| Daniel Isacksen | corporate director | 2022-10 | ||
| Eric Farrell | corporate officer | 2022-10 | ||
| Eric Farrell | corporate director | 2022-10 | ||
| Gina Myers | corporate director | 2022-10 | ||
| Guha Bala | corporate director | 2019-11 | ||
| John Marshall | corporate officer | 2022-10 | ||
| John Marshall | corporate director | 2022-10 | ||
| Julie Edmunds Smith | corporate officer | 2025-01 | ||
| Kathleen Jimino | corporate officer | 2022-10 | ||
| Kathleen Jimino | corporate director | 2019-11 | ||
| Kerri Sweet Zavaglia | corporate director | 2022-10 | ||
| Lori Santos | w-2 managing employee | 2011-10 | ||
| Merriette Pollard | corporate director | 2022-10 | ||
| Michael Meath | corporate director | 2022-10 | ||
| Oluwatoyin Tofade | corporate director | 2022-10 | ||
| Robert Mccormick | corporate director | 2015-01 | ||
| Steven Hanks | corporate officer | 2022-01 | ||
| Stuart Kilpinen | operational/managerial control | 2023-06 | ||
| Tom Robert | corporate officer | 2007-01 | ||
| William Wildridge | corporate officer | 2022-10 | ||
| William Wildridge | corporate director | 2022-10 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2020-10-01 | acquisition/merger | Samaritan Hospital Of Troy, New York | Burdett Care Center, Inc. |
| 2020-01-01 | acquisition/merger | Samaritan Hospital Of Troy, New York | Memorial Hospital, Albany N.y. |
| 2019-01-01 | acquisition/merger | Samaritan Hospital Of Troy, New York | Seton Health System, Inc |
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 |