dealflow
envelope $200M

← Targets

University Hospital Of Brooklyn

Brooklyn, Kings County, NY · CCN 330350
Licensed to University Hospital Of Brooklyn Suny Downstate Health Sciences Univers

Composite
53.8
rank score
Distress
64
FY2023
Fit
62
vs thesis
Estimated ticket
$114M–$456M
268 beds · within envelope
Ownership
government
STH

Why it ranks here

  • operating margin -10% to -5%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • occupancy 45-60%
  • urban — higher occupancy and iteration surface
  • large — ticket likely stretches the envelope
  • ticket size at the top of the envelope — would need leverage
  • moderate occupancy
  • government-owned — public process likely

Latest financials · FY2023

Net patient revenue$494M
Operating margin -8.9%
Total margin 4.8%
Days cash on hand 1
Current ratio 0.60
Occupancy53%

Facility

Beds268
Facility typeSTH
Settingurban
Ownership classgovernment
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 305 $388M $-38.9M -44.1% -7.5% 78 1.11 43% 7,741 70
2021 305 $376M $-76.1M -42.1% -16.6% 19 0.43 45% 8,068 93
2022 305 $363M $-71.4M -46.0% -15.6% 31 0.32 46% 8,102 88
2023 268 $494M $27.3M -8.9% 4.8% 1 0.60 53% 7,841 64

Owners

OwnerRole%SinceType
Sean Smith w-2 managing employee 100 2020-11
State Of New York Comptrollers Office
Albany, NY
5% or greater indirect ownership interest 1966-12

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.

DateBuyerSellerHospitalBeds
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