Hospital Menonita Humacao
Humacao, PR
· CCN 400011
Licensed to Hospital Menonita Humacao, Inc.
Composite
33.9
rank score
Distress
6
FY2024
Fit
78
vs thesis
Estimated ticket
$36.5M–$146M
73 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- margin deteriorating
- 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 | $57.5M |
| Operating margin | 28.7% |
| Total margin | 31.2% |
| Days cash on hand | 219 |
| Current ratio | 6.24 |
| Occupancy | 90% |
Facility
| Beds | 73 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 67 | $1.5M | $1.5M | -8.3% | 49.1% | 1,612 | 5.77 | 62% | 222 | 22 |
| 2021 | 67 | $26.8M | $11.2M | 25.7% | 36.1% | 241 | 4.18 | 66% | 2,810 | 0 |
| 2022 | 71 | $40.1M | $14.8M | 33.6% | 35.2% | 298 | 5.90 | 73% | 3,462 | 0 |
| 2023 | 73 | $53.1M | $17.9M | 31.3% | 32.9% | 167 | 4.62 | 88% | 4,410 | 0 |
| 2024 | 73 | $57.5M | $18.6M | 28.7% | 31.2% | 219 | 6.24 | 90% | 5,117 | 6 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Jose Solivan Rivera | corporate director | 2020-02 | ||
| Jose Solivan Rivera | w-2 managing employee | 2020-02 | ||
| Lissette Vasquez Rivera | corporate officer | 2020-02 | ||
| Lissette Vasquez Rivera | w-2 managing employee | 2020-02 | ||
| Lymari Colon Colon | corporate director | 2020-02 | ||
| Lymari Colon Colon | w-2 managing employee | 2020-02 | ||
| Pedro Diaz Vazquez | w-2 managing employee | 2021-04 | ||
| Pedro Diaz Vazquez | operational/managerial control | 2021-04 | ||
| Ricardo Hernandez Rivera | corporate director | 2020-02 | ||
| Ricardo Hernandez Rivera | w-2 managing employee | 2020-02 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2020-02-29 | change of ownership | Hospital Menonita Humacao, Inc. | Hospital Oriente Inc |
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 |