Ellenville Regional Hospital
Ellenville, Ulster County, NY
· CCN 331310
Licensed to Westchester-Ellenville Hospital Inc
Composite
21.7
rank score
Distress
5
FY2023
Fit
48
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- occupancy 45-60%
- margin slipping
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $27.0M |
| Operating margin | 3.1% |
| Total margin | 15.4% |
| Days cash on hand | 411 |
| Current ratio | 3.49 |
| Occupancy | 56% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $16.9M | $4.3M | -24.4% | 16.8% | 460 | 1.71 | 53% | 148 | 30 |
| 2021 | 25 | $24.9M | $8.3M | 3.0% | 25.6% | 416 | 2.18 | 62% | 129 | 0 |
| 2022 | 25 | $24.8M | $2.0M | -4.6% | 7.2% | 328 | 3.24 | 63% | 109 | 16 |
| 2023 | 25 | $27.0M | $5.1M | 3.1% | 15.4% | 411 | 3.49 | 56% | 88 | 5 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Craig Lopez | corporate director | 2020-09 | ||
| David Eikszta | corporate director | 2011-05 | ||
| John Gillette | corporate director | 2007-03 | ||
| Julie Cohen Lonstein | corporate director | 2011-12 | ||
| Julius Collins | corporate director | 2005-04 | ||
| Kristina Ursitti | corporate director | 2020-11 | ||
| Myrna Jargowsky | corporate director | 2008-06 | ||
| Neil Calman | corporate director | 2007-04 | ||
| Philip Coombe | corporate director | 2009-06 | ||
| Robert Rue | w-2 managing employee | 2015-04 | ||
| Steven Kelley | corporate officer | 2008-11 | ||
| Steven Kelley | w-2 managing employee | 2008-11 | ||
| William Brown | corporate director | 2006-04 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.