dealflow
envelope $200M

← Targets

Montefiore New Rochelle Hospital

New Rochelle, Westchester County, NY · CCN 330184
Licensed to Montefiore New Rochelle Hospital

Composite
63.7
rank score
Distress
94
FY2023
Fit
54
vs thesis
Estimated ticket
$9.9M–$19.7M
141 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • occupancy 45-60%
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • bed count in the target band
  • very small ticket — sub-scale as a platform asset
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$163M
Operating margin -44.1%
Total margin -26.7%
Days cash on hand 3
Current ratio 0.10
Occupancy58%

Facility

Beds141
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $70.0K
Per-bed (high) $140K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 151 $143M $-1.8M -49.8% -0.8% 42 0.58 50% 4,827 79
2021 141 $150M $-5.7M -43.0% -2.7% 5 0.19 57% 5,397 84
2022 141 $160M $-19.9M -41.9% -9.6% 7 0.19 56% 5,439 93
2023 141 $163M $-49.4M -44.1% -26.7% 3 0.10 58% 5,150 94

Owners

OwnerRole%SinceType
Alan Klein corporate director 2014-01
Alan Suna corporate director 2018-11
Alisa Doctoroff corporate director 2017-03
Barry Blattman corporate director 2014-09
Catherine Klema corporate officer 2020-06
Catherine Klema corporate director 2014-01
Christopher Panczner corporate officer 2013-05
Christopher Panczner corporate director 2013-05
Christopher Panczner w-2 managing employee 2013-05
Colleen Blye corporate officer 2016-01
Colleen Blye w-2 managing employee 2016-01
Daniel Tishman corporate director 2018-05
David Keidan corporate director 2014-01
David Tanner corporate director 2014-01
Douglas Eisenberg corporate director 2020-06
Edwin Stern corporate director 2014-01
Ellen Breslow corporate director 2021-06
Emanuel Chirico corporate director 2016-10
Gayle Robinson corporate director 2014-01
Helen Johnson corporate director 2014-01
James Butler corporate officer 2016-06
James Butler corporate director 2014-01
Jay Abramson corporate director 2014-01
Jennie Emil corporate director 2014-01
Joel Braun corporate director 2016-10

Showing 25 of 45. Full list via /api/targets/330184.

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