Brookdale Hospital Medical Center
Brooklyn, Kings County, NY
· CCN 330233
Licensed to The Brookdale Hospital Medical Center
Composite
62.2
rank score
Distress
88
FY2023
Fit
56
vs thesis
Estimated ticket
$158M–$630M
450 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 below 0.8
- liabilities exceed assets
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- very large — likely out of range
- ticket size well above the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $707M |
| Operating margin | -82.4% |
| Total margin | -8.0% |
| Days cash on hand | 13 |
| Current ratio | 0.52 |
| Occupancy | 74% |
Facility
| Beds | 450 |
| 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 | 303 | $388M | $-16.5M | -76.5% | -2.5% | 25 | 0.56 | 68% | 12,476 | 82 |
| 2021 | 584 | $628M | $-56.6M | -96.0% | -4.8% | 12 | 0.39 | 71% | 21,788 | 87 |
| 2022 | 498 | $680M | $-32.8M | -83.2% | -2.7% | 15 | 0.73 | 78% | 19,521 | 82 |
| 2023 | 450 | $707M | $-94.9M | -82.4% | -8.0% | 13 | 0.52 | 74% | 19,115 | 88 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Laray Brown | corporate officer | 100 | 2021-01 | |
| Laray Brown | w-2 managing employee | 100 | 2021-01 | |
| Laray Brown | operational/managerial control | 100 | 2021-01 | |
| Alexander Rovt | corporate director | 2018-03 | ||
| Aryeh Katzin | corporate director | 2018-06 | ||
| Dollyann Yorke | w-2 managing employee | 2021-01 | ||
| Edna Wells | corporate director | 2018-06 | ||
| Henna White | corporate director | 2018-03 | ||
| Hope Mason | corporate director | 2018-03 | ||
| Hugh Nelson | corporate director | 2018-03 | ||
| Joseph Ciuffo | corporate director | 2018-08 | ||
| Mark Shelton | corporate director | 2018-03 | ||
| Maurice Reid | corporate director | 2018-06 | ||
| Michael Irwin | corporate director | 2018-03 | ||
| Michael Nairne | corporate director | 2018-06 | ||
| Michael Scagnelli | corporate director | 2018-03 | ||
| Michelle Figueroa | corporate officer | 2023-07 | ||
| Michelle Figueroa | w-2 managing employee | 2023-07 | ||
| Nusin Shtern | corporate director | 2018-06 | ||
| One Brooklyn Health System, Inc | operational/managerial control | 2018-04 | ||
| Reginald Bullock | w-2 managing employee | 2014-05 | ||
| Richard Green | corporate director | 2018-06 | ||
| Robert Waterman | corporate director | 2018-03 | ||
| Sofia Novak | corporate director | 2018-08 | ||
| Victor Ayala | corporate director | 2018-03 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2021-01-01 | acquisition/merger | The Brookdale Hospital Medical Center | Kingsbrook Jewish Medical Center |
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 |