University Hospital At Syracuse
Syracuse, Onondaga County, NY
· CCN 330241
Licensed to Suny Health Science Center At Syracuse
Composite
16.2
rank score
Distress
45
FY2023
Fit
50
vs thesis
Estimated ticket
$322M–$1.3B
645 beds ·
over envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- under 30 days cash on hand
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $1.6B |
| Operating margin | -20.3% |
| Total margin | 3.1% |
| Days cash on hand | 9 |
| Current ratio | 1.52 |
| Occupancy | 83% |
Facility
| Beds | 645 |
| Facility type | STH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 625 | $1.1B | $-520K | -31.2% | -0.0% | 91 | 1.89 | 71% | 28,188 | 44 |
| 2021 | 625 | $1.2B | $59.6M | -14.0% | 4.1% | 66 | 1.71 | 80% | 29,697 | 42 |
| 2022 | 625 | $1.3B | $69.1M | -17.2% | 4.2% | 46 | 1.70 | 80% | 26,450 | 49 |
| 2023 | 645 | $1.6B | $62.8M | -20.3% | 3.1% | 9 | 1.52 | 83% | 28,017 | 45 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Jennifer Caldwell | w-2 managing employee | 100 | 2019-05 | |
| Jennifer Caldwell | operational/managerial control | 100 | 2019-05 | |
| Nys Office Of Mental Health | 5% or greater direct ownership interest | 100 | 1966-07 | |
| Robert Corona | corporate officer | 100 | 2018-12 | |
| Robert Corona | w-2 managing employee | 100 | 2018-12 | |
| Anne Snowdon | w-2 managing employee | 2018-04 | ||
| Stuart Wright | corporate officer | 2008-05 | ||
| Stuart Wright | w-2 managing employee | 2008-05 |
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 |