Good Samaritan Hospital
West Islip, Suffolk County, NY
· CCN 330286
Licensed to Good Samaritan Hospital Medical Center
Composite
14.9
rank score
Distress
35
FY2023
Fit
54
vs thesis
Estimated ticket
$218M–$874M
437 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin under 2%
- debt above 70% of assets
- margin slipping
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $776M |
| Operating margin | -11.3% |
| Total margin | 1.1% |
| Days cash on hand | 177 |
| Current ratio | 1.97 |
| Occupancy | 78% |
Facility
| Beds | 437 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 | 437 | $633M | $12.1M | -17.4% | 1.6% | 253 | 3.41 | 74% | 21,277 | 36 |
| 2021 | 437 | $735M | $28.1M | -4.3% | 3.6% | 240 | 2.95 | 76% | 22,808 | 20 |
| 2022 | 437 | $796M | $-7.2M | -3.9% | -0.9% | 210 | 2.77 | 77% | 23,733 | 28 |
| 2023 | 437 | $776M | $9.7M | -11.3% | 1.1% | 177 | 1.97 | 78% | 24,567 | 35 |
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 | ||
| Jerome Poller | corporate director | 2008-01 | ||
| John Francfort | corporate director | 2015-01 | ||
| John Mccartney | corporate director | 2019-01 | ||
| Kevin Conway | corporate director | 2014-04 | ||
| Patrick O'shaughnessy | corporate officer | 2021-04 | ||
| Peter D'angelo | corporate director | 2014-04 | ||
| Peter Dugandzic | corporate director | 2014-04 | ||
| Peter Quick | corporate director | 2017-01 | ||
| Robert Coughlan | corporate director | 2020-01 | ||
| Robert Morrissey | corporate director | 2014-04 | ||
| Robert Zuccaro | corporate director | 2016-01 | ||
| Ruth Hennessey | corporate officer | 2018-12 | ||
| Salvatore Sodano | corporate director | 2007-01 | ||
| Stephen Mclouglin | corporate director | 2014-04 | ||
| Stephen Trapani | corporate officer | 2011-12 | ||
| Stephen Trapani | w-2 managing employee | 2011-12 | ||
| 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 |