Bayamon Regional Hospital
Bayamon, PR
· CCN 400105
Licensed to Departamento De Salud Oficial
Composite
56.6
rank score
Distress
71
FY2024
Fit
62
vs thesis
Estimated ticket
$29.4M–$118M
84 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- occupancy below 30%
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size somewhat below the envelope
- very low occupancy — limited volume to learn from
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $17.4M |
| Operating margin | -90.9% |
| Total margin | -90.9% |
| Days cash on hand | — |
| Current ratio | — |
| Occupancy | 27% |
Facility
| Beds | 84 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 | 140 | $10.2M | $-21.7M | -213.1% | -213.1% | — | — | 67% | 1,511 | 69 |
| 2022 | 140 | $11.6M | $-20.0M | -172.6% | -172.6% | — | — | 75% | 1,578 | 69 |
| 2023 | 107 | $15.5M | $-16.0M | -102.9% | -102.9% | — | — | 23% | 1,345 | 83 |
| 2024 | 84 | $17.4M | $-15.8M | -90.9% | -90.9% | — | — | 27% | 1,678 | 71 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ana Pagan Hiertas | w-2 managing employee | 50 | 2023-01 | |
| Yesarel Pesante | corporate officer | 50 | 2023-09 | |
| Yesarel Pesante | other | 50 | 2023-09 | |
| Ana Pagan Hiertas | operational/managerial control | 2011-10 | ||
| Victor Medina | operational/managerial control | 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 |