Asociacion Hospital Del Maestro
Sanjuan, PR
· CCN 400004
Licensed to Asociacion Hospital Del Maestro Inc
Composite
70.0
rank score
Distress
97
FY2024
Fit
66
vs thesis
Estimated ticket
$43.8M–$175M
125 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- debt above 85% of assets
- occupancy below 30%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $13.0M |
| Operating margin | -48.7% |
| Total margin | -43.5% |
| Days cash on hand | 0 |
| Current ratio | 0.23 |
| Occupancy | 28% |
Facility
| Beds | 125 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 126 | $15.1M | $-1.2M | -32.1% | -6.2% | 51 | 0.30 | 27% | 1,949 | 90 |
| 2022 | 125 | $16.6M | $-1.0M | -26.3% | -5.2% | 11 | 0.17 | 29% | 2,266 | 96 |
| 2023 | 125 | $16.3M | $-478K | -17.6% | -2.6% | 0 | 0.32 | 30% | 2,192 | 88 |
| 2024 | 125 | $13.0M | $-5.9M | -48.7% | -43.5% | 0 | 0.23 | 28% | 1,600 | 97 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Lilianett Alicea Luna | corporate director | 2025-03 | ||
| Prudencio Laureano | corporate director | 2025-03 | ||
| Reynaldo Rodriguez | corporate director | 2019-12 | ||
| Reynaldo Rodriguez | w-2 managing employee | 2019-12 | ||
| Yarimir Rodriguez Diaz | corporate director | 2019-04 | ||
| Yarimir Rodriguez Diaz | w-2 managing employee | 2015-05 |
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 |