Brylin Hospitals
Buffalo, Erie County, NY
· CCN 334022
Licensed to Brylin Hospitals, Inc
Composite
56.5
rank score
Distress
62
FY2023
Fit
72
vs thesis
Estimated ticket
$20.6M–$82.3M
88 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin under 2%
- total margin under 2%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy 30-45%
- margin deteriorating
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- thin occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $19.4M |
| Operating margin | 0.1% |
| Total margin | 1.2% |
| Days cash on hand | 0 |
| Current ratio | 0.75 |
| Occupancy | 42% |
Facility
| Beds | 88 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $234K |
| Per-bed (high) | $935K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 88 | $19.5M | $1.1M | -8.4% | 4.9% | 2 | 0.86 | 43% | 1,351 | 70 |
| 2021 | 88 | $19.6M | $202K | -3.2% | 1.0% | 0 | 1.20 | 50% | 1,592 | 58 |
| 2022 | 88 | $17.3M | $-1.3M | -9.7% | -7.5% | 0 | 0.66 | 37% | 1,224 | 87 |
| 2023 | 88 | $19.4M | $244K | 0.1% | 1.2% | 0 | 0.75 | 42% | 1,305 | 62 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Eric Pleskow | 5% or greater direct ownership interest | 100 | 2004-09 | |
| Eric Pleskow | corporate officer | 100 | 1986-02 | |
| Mark Cye | w-2 managing employee | 2023-04 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.