Hospital Metropolitano
Rio Piedras, PR
· CCN 400106
Licensed to Metrohealth Inc
Composite
51.9
rank score
Distress
46
FY2023
Fit
78
vs thesis
Estimated ticket
$66.0M–$264M
132 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin under 2%
- 30-60 days cash on hand
- occupancy 45-60%
- margin deteriorating
- 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 | $49.8M |
| Operating margin | -5.2% |
| Total margin | 1.8% |
| Days cash on hand | 47 |
| Current ratio | 1.64 |
| Occupancy | 45% |
Facility
| Beds | 132 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| 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 | 132 | $41.1M | $2.3M | -12.2% | 4.8% | 82 | 2.18 | 38% | 3,244 | 43 |
| 2021 | 132 | $45.5M | $279K | -5.6% | 0.6% | 75 | 2.02 | 38% | 3,274 | 41 |
| 2022 | 132 | $48.1M | $2.3M | -4.4% | 4.4% | 77 | 1.67 | 45% | 4,055 | 31 |
| 2023 | 132 | $49.8M | $942K | -5.2% | 1.8% | 47 | 1.64 | 45% | 4,353 | 46 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Artau Holdings Llc | 5% or greater direct ownership interest | 100 | 2015-05 | |
| Artau Holdings Llc | operational/managerial control | 100 | 2015-05 | |
| Carmen Feliciano Vargas | corporate officer | 100 | 2015-05 | |
| Deborah Acevedo Santos | corporate officer | 100 | 2023-01 | |
| Deborah Acevedo Santos | w-2 managing employee | 100 | 2023-01 | |
| Deborah Acevedo Santos | operational/managerial control | 100 | 2023-01 | |
| Eduardo Artau Feliciano | operational/managerial control | 100 | 2015-05 | |
| Eduardo Artau Gomez | corporate officer | 100 | 1998-01 | |
| Eduardo Artau Gomez | operational/managerial control | 100 | 2015-05 | |
| Francisco Artau Feliciano | operational/managerial control | 100 | 2015-05 | |
| Karen Artau Feliciano | operational/managerial control | 100 | 2015-05 | |
| Lizzette Rodriguez | corporate director | 50 | 2022-01 | |
| Lizzette Rodriguez | w-2 managing employee | 50 | 2022-01 | |
| Carmen Feliciano Vargas | 5% or greater direct ownership interest | 38 | 2015-05 | |
| Eduardo Artau Gomez | 5% or greater direct ownership interest | 38 | 1998-01 | |
| Eduardo Artau Feliciano | 5% or greater direct ownership interest | 8 | 2015-05 | |
| Francisco Artau Feliciano | 5% or greater direct ownership interest | 8 | 2015-05 | |
| Karen Artau Feliciano | 5% or greater direct ownership interest | 8 | 1998-01 | |
| Karen Artau Feliciano | corporate officer | 8 | 1998-01 |
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 |