Mercy Medical Center
dba Mercy Hospital ·
Rockville Centre, Nassau County, NY
· CCN 330259
Licensed to Mercy Medical Center
Composite
72.0
rank score
Distress
92
FY2023
Fit
76
vs thesis
Estimated ticket
$53.2M–$213M
152 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
- 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 | $283M |
| Operating margin | -22.4% |
| Total margin | -11.2% |
| Days cash on hand | 2 |
| Current ratio | 0.33 |
| Occupancy | 86% |
Facility
| Beds | 152 |
| 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 | 299 | $221M | $-13.1M | -23.1% | -5.1% | 49 | 0.83 | 41% | 8,224 | 79 |
| 2021 | 299 | $260M | $-18.2M | -13.9% | -6.5% | 2 | 0.56 | 41% | 8,459 | 89 |
| 2022 | 299 | $282M | $-23.6M | -15.2% | -7.8% | 2 | 0.43 | 44% | 9,276 | 92 |
| 2023 | 152 | $283M | $-34.8M | -22.4% | -11.2% | 2 | 0.33 | 86% | 9,615 | 92 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Catholic Health System Of Long Island Inc | operational/managerial control | 100 | 1997-10 | |
| Anthony Marano | corporate director | 2014-04 | ||
| Brian Mcguire | corporate director | 2014-04 | ||
| Christopher Pascucci | corporate director | 2014-04 | ||
| Frank Kurre | corporate director | 2014-04 | ||
| Ihab Ibrahim | corporate officer | 2022-03 | ||
| Jerome Poller | corporate director | 2014-04 | ||
| John Francfort | corporate director | 2015-01 | ||
| John Mccartney | corporate director | 2019-01 | ||
| John Morahan | corporate officer | 2019-03 | ||
| John Morahan | w-2 managing employee | 2019-03 | ||
| Kevin Conway | corporate director | 2010-01 | ||
| Patrick O'shaughnessy | corporate officer | 2021-04 | ||
| Peter D'angelo | corporate director | 2012-01 | ||
| Peter Dugandzic | corporate director | 2013-04 | ||
| Peter Quick | corporate director | 2017-01 | ||
| Robert Coughlan | corporate director | 2020-01 | ||
| Robert Morrissey | corporate director | 2014-04 | ||
| Robert Zuccaro | corporate director | 2016-01 | ||
| Salvatore Sodano | corporate director | 2014-04 | ||
| Stephen Mclouglin | corporate director | 2012-01 | ||
| Thomas Christman | corporate director | 2017-04 | ||
| Virginia Ewen | corporate director | 2014-04 | ||
| William Ward | corporate director | 2015-01 |
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.
| 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 |