Wyckoff Heights Medical Center
Brooklyn, Kings County, NY
· CCN 330221
Licensed to Wyckoff Heights Medical Center
Composite
63.0
rank score
Distress
72
FY2023
Fit
76
vs thesis
Estimated ticket
$84.0M–$336M
240 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin negative
- under 30 days cash on hand
- current ratio under 1.5
- debt above 85% of assets
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $348M |
| Operating margin | -22.1% |
| Total margin | -2.4% |
| Days cash on hand | 14 |
| Current ratio | 1.46 |
| Occupancy | 64% |
Facility
| Beds | 240 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 240 | $193M | $30.9M | -73.0% | 8.5% | 37 | 0.95 | 59% | 9,970 | 67 |
| 2021 | 240 | $241M | $-12.5M | -49.6% | -3.6% | 17 | 0.99 | 64% | 11,538 | 82 |
| 2022 | 240 | $320M | $-3.2M | -21.2% | -0.7% | 36 | 0.55 | 67% | 11,644 | 77 |
| 2023 | 240 | $348M | $-9.8M | -22.1% | -2.4% | 14 | 1.46 | 64% | 12,165 | 72 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Andrew Boisselle | corporate director | 2004-06 | ||
| Frederick Haller | corporate director | 2008-10 | ||
| Gary Goffner | corporate director | 2008-03 | ||
| Mounzer Tchelebi | corporate director | 2013-08 | ||
| Ramon Rodriguez | corporate officer | 2012-01 | ||
| Ramon Rodriguez | corporate director | 2012-01 | ||
| Ramon Rodriguez | w-2 managing employee | 2023-08 | ||
| Vali Gache | corporate officer | 2018-04 | ||
| Vali Gache | w-2 managing employee | 2023-08 | ||
| Vincent Arcuri | corporate director | 1998-12 |
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 |