Hospital San Francisco
Rio Piedras, Rio Piedras County, PR
· CCN 400098
Licensed to San Francisco Health System Inc
Composite
56.9
rank score
Distress
57
FY2023
Fit
78
vs thesis
Estimated ticket
$59.1M–$236M
139 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- 60-90 days cash on hand
- occupancy 45-60%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $44.4M |
| Operating margin | -10.0% |
| Total margin | -4.9% |
| Days cash on hand | 88 |
| Current ratio | 2.57 |
| Occupancy | 53% |
Facility
| Beds | 139 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 135 | $38.0M | $2.8M | -13.5% | 6.2% | 120 | 2.86 | 51% | 3,693 | 34 |
| 2021 | 136 | $43.7M | $5.3M | 0.3% | 10.8% | 156 | 3.00 | 49% | 3,654 | 9 |
| 2022 | 138 | $44.3M | $2.1M | 1.2% | 4.6% | 127 | 3.07 | 51% | 3,744 | 13 |
| 2023 | 139 | $44.4M | $-2.3M | -10.0% | -4.9% | 88 | 2.57 | 53% | 4,112 | 57 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alberto Villafane Rodriguez | corporate director | 100 | 2022-10 | |
| Alberto Villafane Rodriguez | w-2 managing employee | 100 | 2022-10 | |
| Alberto Villafane Rodriguez | operational/managerial control | 100 | 2022-10 | |
| Aristides Castro Pineiro | corporate director | 100 | 2020-10 | |
| Aristides Castro Pineiro | w-2 managing employee | 100 | 2020-10 | |
| Artau Holdings Llc | 5% or greater direct ownership interest | 100 | 2015-05 | |
| Artau Holdings Llc | operational/managerial control | 100 | 2015-05 | |
| Heriberto Ponce Roman | corporate director | 100 | 2022-06 | |
| Heriberto Ponce Roman | w-2 managing employee | 100 | 2022-06 | |
| Heriberto Ponce Roman | operational/managerial control | 100 | 2022-06 | |
| Iris Guadalupe Diaz | corporate director | 100 | 2022-12 | |
| Iris Guadalupe Diaz | w-2 managing employee | 100 | 2022-12 | |
| Carmen Feliciano Vargas | 5% or greater indirect ownership interest | 38 | 2006-05 | |
| Carmen Feliciano Vargas | corporate officer | 38 | 2015-05 | |
| Carmen Feliciano Vargas | operational/managerial control | 38 | 2015-05 | |
| Eduardo Artau Gomez | 5% or greater indirect ownership interest | 38 | 2006-05 | |
| Eduardo Artau Gomez | corporate officer | 38 | 2015-05 | |
| Eduardo Artau Gomez | operational/managerial control | 38 | 2015-05 | |
| Eduardo Artau Feliciano | 5% or greater indirect ownership interest | 8 | 2015-05 | |
| Francisco Artau Feliciano | 5% or greater indirect ownership interest | 8 | 2015-05 | |
| Karen Artau Feliciano | 5% or greater indirect ownership interest | 8 | 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 |