dealflow
envelope $200M

← Targets

Stony Brook University Hospital

Stony Brook, Suffolk County, NY · CCN 330393
Licensed to University Hospital At Stony Brook

Composite
49.5
rank score
Distress
57
FY2023
Fit
60
vs thesis
Estimated ticket
$61.6M–$123M
725 beds · within envelope
Ownership
government
STH

Why it ranks here

  • operating margin -10% to -5%
  • total margin negative
  • under 30 days cash on hand
  • current ratio under 1.5
  • debt above 85% of assets
  • rural — cheaper but limited density
  • very large — likely out of range
  • ticket size uses the capital envelope well
  • strong occupancy — good iteration surface
  • government-owned — public process likely

Latest financials · FY2023

Net patient revenue$2.1B
Operating margin -5.7%
Total margin -2.6%
Days cash on hand 8
Current ratio 1.21
Occupancy86%

Facility

Beds725
Facility typeSTH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 725 $1.6B $-115M -20.1% -6.5% 65 1.43 81% 34,789 58
2021 725 $1.8B $-60.2M -7.0% -3.3% 21 0.91 93% 37,984 73
2022 725 $1.9B $6.9M -4.9% 0.3% 2 1.08 90% 36,355 52
2023 725 $2.1B $-54.4M -5.7% -2.6% 8 1.21 86% 37,090 57

Owners

OwnerRole%SinceType
Carol Gomes corporate director 100 2019-06
Carol Gomes w-2 managing employee 100 2019-06
Gary Bie operational/managerial control 100 2019-01
University Hospital At Stony Brook
Stony Brook, NY
5% or greater direct ownership interest 100 1980-01
University Hospital At Stony Brook
Stony Brook, NY
other 100 2019-01
Gary Bie corporate officer 2011-02

Ownership changes

DateTypeBuyerSeller
2019-07-01 acquisition/merger University Hospital At Stony Brook Eastern Long Island Hospital Assoc Inc

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