White Plains Hospital
dba White Plains Hospital Center ·
White Plains, Westchester County, NY
· CCN 330304
Licensed to White Plains Hospital Medical Center
Composite
30.7
rank score
Distress
10
FY2023
Fit
66
vs thesis
Estimated ticket
$29.2M–$58.4M
292 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 90-150 days cash on hand
- margin deteriorating
- rural — cheaper but limited density
- large — ticket likely stretches the envelope
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $1.0B |
| Operating margin | 10.0% |
| Total margin | 6.0% |
| Days cash on hand | 126 |
| Current ratio | 9.17 |
| Occupancy | 101% |
Facility
| Beds | 292 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 292 | $656M | $80.1M | -12.9% | 9.0% | 182 | 2.20 | 81% | 17,550 | 28 |
| 2021 | 292 | $728M | $45.5M | 5.7% | 4.9% | 149 | 2.35 | 90% | 19,468 | 4 |
| 2022 | 292 | $885M | $26.3M | 8.7% | 2.4% | 115 | 3.57 | 93% | 20,386 | 4 |
| 2023 | 292 | $1.0B | $75.8M | 10.0% | 6.0% | 126 | 9.17 | 101% | 21,959 | 10 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Joseph Guarracino | corporate officer | 100 | 2016-01 | |
| Montefiore Health System, Inc | 5% or greater direct ownership interest | 100 | 2015-01 | |
| Aleida Frederico | corporate director | 2010-11 | ||
| Carl Austin | corporate director | 1978-04 | ||
| Carol Lowenthal | corporate director | 2008-04 | ||
| Christopher Panczner | corporate director | 2014-12 | ||
| Howard Berk | corporate director | 2010-11 | ||
| James Divney | corporate director | 2010-11 | ||
| Jennifer Gruenberg | corporate director | 2003-10 | ||
| John Jureller | corporate director | 2013-05 | ||
| Laurence Smith | corporate director | 2010-11 | ||
| Lucille Schmolka | corporate director | 2010-11 | ||
| Michael Palumbo | corporate director | 2010-11 | ||
| Nancy Clarvit | corporate director | 2010-11 | ||
| Nettie Webb | corporate director | 2010-11 | ||
| Phillip Ozuah | corporate director | 2014-12 | ||
| Robert Tucker | corporate director | 2013-12 | ||
| Steven Baruck | corporate director | 2010-11 | ||
| Susan Fox | corporate officer | 2014-08 | ||
| Susan Fox | operational/managerial control | 2014-01 | ||
| William Null | corporate director | 2010-11 |
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 |