Ashford Presbyterian Community Corp
San Juan, PR
· CCN 400001
Licensed to Presbyterian Community Hospital, Inc.
Composite
60.5
rank score
Distress
65
FY2024
Fit
78
vs thesis
Estimated ticket
$73.5M–$294M
173 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin negative
- under 30 days cash on hand
- current liabilities exceed current assets
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $69.6M |
| Operating margin | -7.5% |
| Total margin | -0.7% |
| Days cash on hand | 24 |
| Current ratio | 0.84 |
| Occupancy | 68% |
Facility
| Beds | 173 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 173 | $53.9M | $7.8M | -18.0% | 11.0% | 63 | 1.57 | 59% | 6,944 | 40 |
| 2022 | 173 | $60.7M | $-23 | -10.9% | -0.0% | 51 | 1.94 | 65% | 7,683 | 52 |
| 2023 | 152 | $63.5M | $-3.0M | -13.8% | -4.4% | 52 | 1.66 | 69% | 8,023 | 57 |
| 2024 | 173 | $69.6M | $-544K | -7.5% | -0.7% | 24 | 0.84 | 68% | 8,156 | 65 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Berenice Perez Rivera | w-2 managing employee | 2019-07 | ||
| Blanca Santana | w-2 managing employee | 2016-04 | ||
| Hector Ortiz Arroyo | w-2 managing employee | 2020-11 | ||
| Itza Soto | w-2 managing employee | 2021-11 | ||
| Jose Davila Perez | w-2 managing employee | 2023-06 | ||
| Louriel Cruz Oquendo | w-2 managing employee | 2022-05 | ||
| Luis Rodriguez | corporate officer | 1998-10 | ||
| Luis Rodriguez | w-2 managing employee | 1998-10 | ||
| Mariluz Torres Melendez | w-2 managing employee | 2021-02 | ||
| Rafael Gonzalez Rodriguez | corporate director | 2019-11 | ||
| Sueann Saldana Carmona | w-2 managing employee | 2024-03 |
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 PR
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 |
|---|---|---|---|---|
| 2024-06-07 | The San Jorge Hospital Inc | San Jorge Children's Hospital, Inc. | San Jorge Childrens & Women Hospital | — |
| 2023-12-20 | Metro Caguas Incorporated | Centro Medico Del Turabo Inc | Hospital Hima San Pablo Caguas | 421 |
| 2023-12-15 | Am Acquisition I, Llc | Centro Medico Del Turabo Inc | Hospital Hima San Pablo Bayamon | 424 |
| 2020-02-29 | Hospital Menonita Humacao, Inc. | Hospital Oriente Inc | Hospital Menonita Humacao | 73 |
| 2017-09-13 | Hospital Menonita Guayama Inc | Hospital Episcopal San Lucas Guayama, Inc. | Hospital Menonita Guayama | 140 |