dealflow
envelope $200M

← Targets

St. Catherine Of Siena Medical Cente

dba St. Catherine Of Siena Hospital · Smithtown, Suffolk County, NY · CCN 330401
Licensed to St Catherine Of Siena Medical Center

Composite
64.5
rank score
Distress
85
FY2023
Fit
66
vs thesis
Estimated ticket
$88.9M–$356M
254 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin -10% to -5%
  • total margin -8% to -3%
  • under 30 days cash on hand
  • current ratio below 0.8
  • liabilities exceed assets
  • occupancy 45-60%
  • margin deteriorating sharply
  • 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
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$266M
Operating margin -9.9%
Total margin -4.8%
Days cash on hand 30
Current ratio 0.55
Occupancy48%

Facility

Beds254
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $350K
Per-bed (high) $1.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 254 $233M $2.7M -20.0% 1.0% 22 1.17 47% 9,367 67
2021 254 $263M $-8.9M -6.4% -3.3% 26 0.73 50% 9,480 80
2022 254 $234M $-41.9M -20.0% -17.4% 29 0.64 50% 9,622 93
2023 254 $266M $-13.2M -9.9% -4.8% 30 0.55 48% 9,815 85

Owners

OwnerRole%SinceType
Catholic Health System Of Long Island Inc
Rockville Centre, NY
operational/managerial control 100 2000-02
Anthony Marano corporate director 2014-04
Brian Mcguire corporate director 2014-04
Christopher Pascucci corporate director 2014-04
Daniel Rowe corporate director 2014-04
Debra Del Vecchio corporate director 2022-05
Dominick Pernice corporate officer 2021-06
Dominick Pernice w-2 managing employee 2007-12
Frank Kurre corporate director 2014-04
James O'connor corporate officer 2018-02
James O'connor w-2 managing employee 2018-02
Jerome Poller corporate director 2008-01
John Mccartney corporate director 2019-01
Kevin Conway corporate director 2014-04
Patrick O'shaughnessy corporate officer 2021-04
Peter D'angelo corporate director 2014-04
Peter Dugandzic corporate director 2014-04
Peter Quick corporate director 2017-01
Robert Morrissey corporate director 2014-04
Robert Zuccaro corporate director 2016-01
Salvatore Sodano corporate director 2007-01
Stephen Mclouglin corporate director 2014-04
Thomas Christman corporate director 2017-04
Virginia Ewen corporate director 2014-04
William Ward corporate director 2015-01

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