San Juan Municipal Hospital
dba San Juan Municipality Hospital ·
San Juan, PR
· CCN 400015
Licensed to Municipality Of San Juan Pr
Composite
61.4
rank score
Distress
72
FY2024
Fit
72
vs thesis
Estimated ticket
$50.8M–$203M
145 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- occupancy 45-60%
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- moderate occupancy
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $99.6M |
| Operating margin | -24.8% |
| Total margin | -24.8% |
| Days cash on hand | — |
| Current ratio | — |
| Occupancy | 57% |
Facility
| Beds | 145 |
| Facility type | STH |
| Setting | urban |
| Ownership class | government |
| 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 | 170 | $26.6M | $-74.8M | -280.8% | -280.8% | — | — | 37% | 3,665 | 94 |
| 2022 | 158 | $36.2M | $-92.0M | -253.9% | -253.9% | — | — | 44% | 4,145 | 94 |
| 2023 | 151 | $41.8M | $-64.9M | -155.3% | -155.3% | — | — | 53% | 5,469 | 88 |
| 2024 | 145 | $99.6M | $-24.7M | -24.8% | -24.8% | — | — | 57% | 5,355 | 72 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Luis Clas | corporate officer | 2021-01 | ||
| Luis Clas | corporate director | 2021-01 | ||
| Luis Clas | w-2 managing employee | 2021-01 |
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 |