dealflow
envelope $200M

← Targets

Helen Hayes Hospital

West Haverstraw, Rockland County, NY · CCN 330405
Licensed to State Of New York Comptrollers Office

Composite
19.6
rank score
Distress
78
FY2024
Fit
34
vs thesis
Estimated ticket
—–—
— beds · over envelope
Ownership
government
STH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • 60-90 days cash on hand
  • current ratio under 1.5
  • liabilities exceed assets
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$55.0M
Operating margin -73.2%
Total margin -18.6%
Days cash on hand 77
Current ratio 1.44
Occupancy

Facility

Beds
Facility typeSTH
Settingurban
Ownership classgovernment
Per-bed (low)
Per-bed (high)

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 $47.4M $4.0M -97.7% 8.3% 98 1.50 51
2022 $59.8M $-16.4M -90.5% -27.2% 110 1.75 66
2023 $52.2M $-8.5M -65.1% -16.0% 88 1.34 76
2024 $55.0M $-10.4M -73.2% -18.6% 77 1.44 78

Owners

OwnerRole%SinceType
Angela Kilkenny w-2 managing employee 100 2025-05
Nathalie Begho w-2 managing employee 100 2024-09
Scott Guevin corporate officer 100 2025-05
State Of New York Comptrollers Office
West Haverstraw, NY
5% or greater direct ownership interest 100 1966-01
Yvonne Evans corporate officer 100 2025-05

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