dealflow
envelope $200M

← Targets

Hospital Menonita Guayama

dba Hospital Menonita De Guayama · Guayama, PR · CCN 400048
Licensed to Hospital Menonita Guayama Inc

Composite
35.7
rank score
Distress
10
FY2024
Fit
78
vs thesis
Estimated ticket
$70.0M–$280M
140 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • margin deteriorating sharply
  • 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$74.6M
Operating margin 11.2%
Total margin 32.1%
Days cash on hand 201
Current ratio 4.84
Occupancy68%

Facility

Beds140
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 120 $58.9M $32.4M 21.5% 41.2% 299 4.82 54% 5,381 2
2022 133 $64.5M $33.3M 19.3% 38.4% 384 5.78 57% 6,293 2
2023 134 $73.2M $35.0M 19.4% 37.3% 292 5.38 71% 6,933 0
2024 140 $74.6M $31.3M 11.2% 32.1% 201 4.84 68% 7,067 10

Owners

OwnerRole%SinceType
Jose Solivan Rivera corporate director 100 2017-09
Jose Solivan Rivera w-2 managing employee 100 2017-09
Lissette Vasquez Rivera corporate officer 100 2017-09
Lissette Vasquez Rivera w-2 managing employee 100 2017-09
Lymari Colon Colon corporate director 100 2019-11
Lymari Colon Colon w-2 managing employee 100 2019-11
Ricardo Hernandez Rivera corporate director 100 2019-11
Ricardo Hernandez Rivera w-2 managing employee 100 2019-11
Gerson Jimenez Catanon corporate director 2017-09
Jose Veguilla Cartagena corporate officer 2017-09
Larry Bonilla Sauder corporate officer 2017-09
Ricardo Hernandez Rivera corporate officer 2017-09
Robert Miller Eimen corporate officer 2017-09
Rogelio Garcia Diaz corporate director 2017-09
Rogelio Garcia Diaz w-2 managing employee 2017-09

Ownership changes

DateTypeBuyerSeller
2017-09-13 change of ownership Hospital Menonita Guayama Inc Hospital Episcopal San Lucas...

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.

DateBuyerSellerHospitalBeds
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