dealflow
envelope $200M

← Targets

Mount St. Marys Hospital

dba Mount St Marys Hospital And Health Center · Lewiston, Niagara County, NY · CCN 330188
Licensed to Mount St. Marys Hospital Of Niagara Falls

Composite
55.3
rank score
Distress
58
FY2023
Fit
74
vs thesis
Estimated ticket
$74.4M–$298M
175 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • current ratio below 0.8
  • debt above 85% of assets
  • occupancy 45-60%
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$98.1M
Operating margin -35.1%
Total margin 10.0%
Days cash on hand
Current ratio 0.56
Occupancy48%

Facility

Beds175
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 175 $79.0M $1.3M -33.0% 1.2% 35 1.09 41% 3,834 61
2021 175 $88.9M $-904K -35.8% -0.8% 56 1.06 49% 4,390 62
2022 175 $92.6M $-22.8M -39.7% -21.4% 66 0.73 56% 4,599 81
2023 175 $98.1M $14.7M -35.1% 10.0% 0.56 48% 3,533 58

Owners

OwnerRole%SinceType
Catholic Health System
Buffalo, NY
operational/managerial control 100 1998-01
Alexis Agnello corporate director 2020-01
Carol Heckman corporate director 2020-01
David Macholz corporate director 2011-06
Ellen Grant corporate director 2020-01
Georgiana Ford corporate director 2020-01
Katherine Vanderhorst corporate director 2020-01
Kevin Keenan corporate director 2020-01
Leonardo Sette-Camara corporate director 2020-01
Mark Sullivan corporate director 2011-06
Michael Gough corporate director 2020-01
Robert Zapfel corporate director 2011-06
Russell Edwards corporate director 2020-01
Russell Edwards w-2 managing employee 2020-01
Thomas Gleason corporate director 2020-01

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.

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