St. Joseph Hospital
dba St Joseph Hospital ·
Bethpage, Nassau County, NY
· CCN 330332
Licensed to St. Joseph Hospital
Composite
71.0
rank score
Distress
97
FY2023
Fit
68
vs thesis
Estimated ticket
$71.0M–$284M
203 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
- occupancy 30-45%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $159M |
| Operating margin | -14.8% |
| Total margin | -12.2% |
| Days cash on hand | 0 |
| Current ratio | 0.41 |
| Occupancy | 42% |
Facility
| Beds | 203 |
| 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 | 203 | $119M | $-5.1M | -20.3% | -3.7% | 21 | 0.97 | 38% | 5,238 | 84 |
| 2021 | 203 | $149M | $996K | -0.5% | 0.7% | 0 | 0.73 | 40% | 5,688 | 68 |
| 2022 | 203 | $153M | $-11.7M | -8.8% | -7.6% | 1 | 0.56 | 41% | 6,220 | 87 |
| 2023 | 203 | $159M | $-19.8M | -14.8% | -12.2% | 0 | 0.41 | 42% | 6,362 | 97 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Catholic Health System Of Long Island Inc | operational/managerial control | 100 | 2010-01 | |
| Andrew Zucaro | corporate director | 2022-06 | ||
| Anthony Passaretti | corporate director | 2025-01 | ||
| Debra Del Vecchio | corporate director | 2022-05 | ||
| Geoffrey De Lesseps | corporate director | 2024-06 | ||
| Jason Grisafi | corporate director | 2023-01 | ||
| Jerry Balentine | corporate director | 2023-01 | ||
| John Mccartney | corporate director | 2019-01 | ||
| John Romanelli | corporate director | 2022-06 | ||
| Joseph Kuehn | corporate director | 2024-06 | ||
| Joseph Manopella | corporate officer | 2025-07 | ||
| Joseph Mattone | corporate director | 2023-03 | ||
| Kathleen Kennedy | corporate officer | 2021-08 | ||
| Kevin Mcbride | operational/managerial control | 2025-05 | ||
| Lee Descoaux | corporate director | 2023-01 | ||
| Maria Dematos | corporate director | 2025-01 | ||
| Patrick Minicus | corporate officer | 2022-12 | ||
| Patrick O'shaughnessy | corporate officer | 2021-04 | ||
| Peter Dagher | corporate director | 2023-09 | ||
| Peter Quick | corporate director | 2017-01 | ||
| Regina Piscazzi | corporate director | 2022-06 | ||
| Ronald Shindel | corporate director | 2023-03 | ||
| Salvatore Sodano | corporate director | 2014-04 | ||
| Susan O'hara | corporate director | 2023-03 | ||
| Thomas Christman | corporate director | 2017-04 |
Showing 25 of 26. Full list via /api/targets/330332.
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 |