Terence Cardinal Cooke Health Care
New York, New York County, NY
· CCN 330410
Licensed to Terence Cardinal Cooke Health Care Center
Composite
61.0
rank score
Distress
71
FY2023
Fit
72
vs thesis
Estimated ticket
$19.6M–$78.4M
56 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 below 0.8
- debt above 85% of assets
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $102M |
| Operating margin | -10.3% |
| Total margin | -1.5% |
| Days cash on hand | 5 |
| Current ratio | 0.58 |
| Occupancy | 98% |
Facility
| Beds | 56 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 56 | $93.2M | $-2.4M | -14.3% | -2.3% | 16 | 0.65 | 98% | 9 | 76 |
| 2021 | 56 | $104M | $1.9M | -3.7% | 1.7% | 18 | 0.71 | 99% | 1 | 59 |
| 2022 | 56 | $99.3M | $-3.6M | -10.7% | -3.4% | 5 | 0.58 | 98% | 7 | 83 |
| 2023 | 56 | $102M | $-1.6M | -10.3% | -1.5% | 5 | 0.58 | 98% | 8 | 71 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Annmarie Covone | corporate officer | 2005-04 | ||
| Annmarie Covone | w-2 managing employee | 2008-04 | ||
| Clarion Johnson | corporate director | 2024-01 | ||
| Cynthia Roberti | corporate director | 2024-01 | ||
| Eric Feldmann | corporate director | 2019-04 | ||
| Frank Serbaroli | corporate director | 2019-04 | ||
| Gemma Augustine | w-2 managing employee | 2008-04 | ||
| Gerald Sweeney | corporate director | 2019-04 | ||
| John Cahill | corporate director | 2024-01 | ||
| John Gleason | corporate director | 2024-01 | ||
| Joseph Lamorte | corporate director | 2019-04 | ||
| Joseph Saporito | corporate director | 2024-01 | ||
| Karen Gray | corporate director | 2024-01 | ||
| Kathryn Rooney | corporate director | 2019-04 | ||
| Leslie Kasergrande | corporate director | 2024-01 | ||
| Patricia Tooker | corporate director | 2024-01 | ||
| Richard Park | corporate director | 2024-01 | ||
| Rory Kelleher | corporate director | 2024-01 | ||
| Scott Larue | corporate director | 2019-04 | ||
| Scott Larue | w-2 managing employee | 2013-01 | ||
| Stephen Bujno | corporate director | 2024-01 | ||
| Tara Cortes | corporate director | 2019-04 | ||
| Thomas Alberto | corporate director | 2019-04 | ||
| Thomas Fahey | corporate director | 2024-01 | ||
| Thomas O'brien | corporate director | 2019-04 |
Showing 25 of 26. Full list via /api/targets/330410.
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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 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 |