dealflow
envelope $200M

← Targets

Woodhull Hospital Center

dba Woodhull Medical & Mental Health Center · Brooklyn, Kings County, NY · CCN 330396
Licensed to New York City Health And Hospitals Corporation

Composite
52.0
rank score
Distress
59
FY2024
Fit
64
vs thesis
Estimated ticket
$101M–$405M
238 beds · within envelope
Ownership
government
STH

Why it ranks here

  • operating margin below -10%
  • under 30 days cash on hand
  • current ratio below 0.8
  • occupancy 45-60%
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size at the top of the envelope — would need leverage
  • moderate occupancy
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$548M
Operating margin -12.9%
Total margin 6.4%
Days cash on hand 1
Current ratio -0.55
Occupancy49%

Facility

Beds238
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
2021 238 $511M $21.6M -19.0% 3.4% 1 -0.41 42% 6,090 69
2022 238 $546M $78.9M -5.4% 12.1% 1 -0.36 51% 7,001 60
2023 238 $530M $23.9M -8.6% 4.0% 1 -0.39 51% 6,298 60
2024 238 $548M $42.2M -12.9% 6.4% 1 -0.55 49% 6,182 59

Owners

OwnerRole%SinceType
New York City Health And Hospitals Corporation
New York, NY
operational/managerial control 100 2017-12
Anita Kawatra corporate director 2019-01
Anne Williams-Isom corporate director 2022-01
Ashwin Vasan corporate director 2022-03
Barbara Lowe corporate director 2015-05
Feniosky Pena-Mora corporate director 2019-01
Freda Wang corporate director 2019-01
John Ulberg corporate officer 2018-06
John Ulberg corporate director 2018-06
Jose Pagan corporate director 2019-01
Marjory Karlin corporate director 2024-08
Marjory Karlin operational/managerial control 2024-08
Mitchell Katz corporate director 2018-01
Patricia Marthone corporate director 2021-12
Richard Minott corporate director 2020-01
Richard Minott w-2 managing employee 2020-01
Sally Hernandez-Pinero corporate director 2019-01
Vincent Calamia corporate director 2012-01

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