Hospital Dr. Pila
dba Hospital Metropolitano Dr Pila ·
Ponce, PR
· CCN 400003
Licensed to Metro Ponce Inc
Composite
57.3
rank score
Distress
58
FY2023
Fit
78
vs thesis
Estimated ticket
$48.9M–$196M
115 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- 30-60 days cash on hand
- occupancy 45-60%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $45.1M |
| Operating margin | -8.4% |
| Total margin | -4.0% |
| Days cash on hand | 43 |
| Current ratio | 1.95 |
| Occupancy | 49% |
Facility
| Beds | 115 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 107 | $35.3M | $2.1M | -13.2% | 5.1% | 84 | 2.23 | 38% | 2,880 | 43 |
| 2021 | 107 | $43.8M | $3.1M | -2.2% | 6.5% | 121 | 2.57 | 46% | 3,402 | 22 |
| 2022 | 115 | $43.3M | $351K | -5.7% | 0.8% | 87 | 2.96 | 45% | 3,481 | 38 |
| 2023 | 115 | $45.1M | $-1.9M | -8.4% | -4.0% | 43 | 1.95 | 49% | 3,898 | 58 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Artau Holdings Ii Llc | 5% or greater direct ownership interest | 100 | 2015-05 | |
| Artau Holdings Ii Llc | operational/managerial control | 100 | 2015-05 | |
| Carmen Feliciano Vargas | 5% or greater indirect ownership interest | 38 | 2015-05 | |
| Carmen Feliciano Vargas | operational/managerial control | 38 | 2015-05 | |
| Eduardo Artau Gomez | 5% or greater indirect ownership interest | 38 | 2015-05 | |
| Eduardo Artau Gomez | operational/managerial control | 38 | 2015-05 | |
| Eduardo Artau Feliciano | 5% or greater indirect ownership interest | 8 | 2015-05 | |
| Eduardo Artau Feliciano | operational/managerial control | 8 | 2015-05 | |
| Francisco Artau Feliciano | 5% or greater indirect ownership interest | 8 | 2015-05 | |
| Francisco Artau Feliciano | operational/managerial control | 8 | 2015-05 | |
| Karen Artau Feliciano | 5% or greater indirect ownership interest | 8 | 2015-05 | |
| Karen Artau Feliciano | operational/managerial control | 8 | 2015-05 | |
| Carlos Porrata Vega | corporate director | 2023-11 | ||
| Janet Santiago Candelario | corporate director | 2023-11 | ||
| Janet Santiago Candelario | w-2 managing employee | 2023-11 | ||
| Jose Torres Delgado | corporate director | 2023-11 | ||
| Jose Torres Delgado | w-2 managing employee | 2023-11 |
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 |