Brunswick Hospital Center Inc
Amityville, Suffolk County, NY
· CCN 334026
Licensed to Brunswick Hospital Center Inc
Composite
51.4
rank score
Distress
40
FY2023
Fit
84
vs thesis
Estimated ticket
$40.1M–$161M
146 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- under 30 days cash on hand
- current ratio under 1.5
- debt above 85% of assets
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $51.2M |
| Operating margin | 2.1% |
| Total margin | 5.4% |
| Days cash on hand | 16 |
| Current ratio | 1.29 |
| Occupancy | 98% |
Facility
| Beds | 146 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $275K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 146 | $37.7M | $5.7M | 11.6% | 14.6% | 54 | 1.96 | 79% | 3,014 | 21 |
| 2021 | 146 | $40.2M | $5.9M | 2.5% | 13.1% | 16 | 1.39 | 83% | 3,263 | 26 |
| 2022 | 146 | $45.9M | $3.2M | 3.4% | 6.6% | 14 | 1.33 | 94% | 3,490 | 26 |
| 2023 | 146 | $51.2M | $2.9M | 2.1% | 5.4% | 16 | 1.29 | 98% | 3,048 | 40 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Amarjit Singh | 5% or greater direct ownership interest | 100 | 2007-10 | |
| Amarjit Singh | corporate officer | 100 | 2010-10 | |
| Amarjit Singh | w-2 managing employee | 100 | 2007-10 | |
| Harvey Gersten | corporate officer | 2010-01 | ||
| Harvey Gersten | w-2 managing employee | 2002-01 | ||
| Jasjit Singh | other | 2015-01 | ||
| Nahid Akter | corporate director | 2020-01 | ||
| Nahid Akter | w-2 managing employee | 2020-01 | ||
| Sandip Singh | other | 2015-01 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.