dealflow
envelope $200M

← Targets

Uhs Hospitals

dba Wilson Hospital And Binghamton General Hospital · Binghamton, Broome County, NY · CCN 330394
Licensed to United Health Services Hospitals, Inc.

Composite
52.8
rank score
Distress
59
FY2023
Fit
66
vs thesis
Estimated ticket
$28.0M–$55.9M
329 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin negative
  • under 30 days cash on hand
  • current ratio under 1.5
  • debt above 70% of assets
  • 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$790M
Operating margin -25.1%
Total margin -0.8%
Days cash on hand 23
Current ratio 1.40
Occupancy73%

Facility

Beds329
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 372 $638M $-13.2M -20.8% -1.7% 48 1.35 64% 13,443 60
2021 374 $678M $-2.1M -19.0% -0.3% 32 1.36 63% 13,636 56
2022 394 $710M $-44.0M -22.4% -5.3% 21 1.20 59% 12,743 72
2023 329 $790M $-7.6M -25.1% -0.8% 23 1.40 73% 13,322 59

Owners

OwnerRole%SinceType
Amy Howard corporate director 2021-05
Carole Coppens corporate director 2024-06
Frank Eder corporate director 2025-01
Joann Navarro corporate director 2015-05
John Carrigg corporate director 2017-06
John Carrigg w-2 managing employee 2017-06
Joseph Stagliano corporate director 2025-05
Julia Miller corporate director 2015-05
Kimberly Desantis corporate director 2022-05
Linda Best corporate director 2013-05
Linda Cerra corporate director 2025-05
Matthew Salanger corporate director 2007-11
Peter Newman corporate director 2019-05
Roy Gill corporate director 2015-05
Sharon Lee Yaple corporate director 2017-01

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.

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