San Lucas Ponce
dba Hospital Episcopal San Lucas Ii ·
Ponce, PR
· CCN 400044
Licensed to Saint Lukes Memorial Hospital Inc
Composite
35.0
rank score
Distress
20
FY2023
Fit
65
vs thesis
Estimated ticket
$168M–$672M
336 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size well above the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $152M |
| Operating margin | 4.4% |
| Total margin | 14.0% |
| Days cash on hand | 26 |
| Current ratio | 1.69 |
| Occupancy | 68% |
Facility
| Beds | 336 |
| 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 | 350 | $106M | $13.5M | -3.7% | 10.9% | 95 | 1.71 | 54% | 12,293 | 27 |
| 2021 | 380 | $139M | $35.5M | 15.0% | 23.1% | 123 | 3.01 | 58% | 14,862 | 7 |
| 2022 | 348 | $141M | $15.6M | 9.2% | 10.8% | 39 | 3.92 | 62% | 14,401 | 17 |
| 2023 | 336 | $152M | $23.7M | 4.4% | 14.0% | 26 | 1.69 | 68% | 15,880 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Iglesia Episcopal Puertorriquena, Inc | 5% or greater indirect ownership interest | 100 | 2000-09 | |
| Iglesia Episcopal Puertorriquena, Inc | operational/managerial control | 100 | 2000-09 | |
| Servicios De Salud Episcopales, Inc. | 5% or greater indirect ownership interest | 100 | 2000-09 | |
| Servicios De Salud Episcopales, Inc. | operational/managerial control | 100 | 2000-09 | |
| Julia Ramos Castillo | corporate director | 7 | 2005-02 | |
| Adrian Rivera Molina | corporate director | 2023-11 | ||
| Ana Lago Correa | corporate director | 2018-05 | ||
| Anabelle Ortiz-Rivera | corporate director | 2024-01 | ||
| Antonio Cruz Ortiz | corporate director | 2020-01 | ||
| Edgar Domenech Fagundo | corporate director | 2019-11 | ||
| Edgar Domenech Fagundo | w-2 managing employee | 2019-11 | ||
| Edwin Velez Crespo | corporate director | 2022-12 | ||
| Emilia Morales Vega | corporate director | 2019-01 | ||
| Haedie Ramos Burgos | corporate director | 2023-11 | ||
| Haedie Ramos Burgos | w-2 managing employee | 2023-11 | ||
| Juan Salazar Trogolo | corporate officer | 2018-05 | ||
| Juan Salazar Trogolo | w-2 managing employee | 2018-05 | ||
| Luis Nieves Ramos | corporate director | 2015-01 | ||
| Rafael Alvarado | corporate director | 2023-10 | ||
| Rafael Morales Maldonado | corporate director | 2017-07 | ||
| Rosemary De La Cruz Severino | corporate officer | 2018-01 | ||
| Rosemary De La Cruz Severino | w-2 managing employee | 2018-01 | ||
| Sasha Chardon Perez | corporate director | 2023-11 | ||
| Xiat Garcia Antongiorgi | corporate director | 2017-01 |
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 |