Hospital Menonita Ponce
Ponce, PR
· CCN 400113
Licensed to Hospital Menonita Ponce, Inc
Composite
52.0
rank score
Distress
49
FY2024
Fit
75
vs thesis
Estimated ticket
$68.5M–$274M
137 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin under 2%
- under 30 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
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $40.9M |
| Operating margin | -2.6% |
| Total margin | 0.9% |
| Days cash on hand | 5 |
| Current ratio | 1.58 |
| Occupancy | 53% |
Facility
| Beds | 137 |
| 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 | 157 | $28.3M | $823K | -17.1% | 2.4% | 103 | 1.20 | 51% | 3,741 | 49 |
| 2021 | 150 | $30.7M | $3.7M | -10.9% | 9.7% | 65 | 1.03 | 55% | 4,300 | 54 |
| 2022 | 128 | $32.6M | $3.1M | -9.5% | 8.0% | 54 | 0.45 | 57% | 4,454 | 66 |
| 2023 | 120 | $11.4M | $350K | -0.3% | 2.9% | 103 | 1.68 | 59% | 1,600 | 22 |
| 2024 | 137 | $40.9M | $400K | -2.6% | 0.9% | 5 | 1.58 | 53% | 4,794 | 49 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Angel Aviles Rivera | corporate director | 2022-12 | ||
| Angel Aviles Rivera | w-2 managing employee | 2022-12 | ||
| Emerita Rivera Rios | corporate director | 2022-12 | ||
| Emerita Rivera Rios | w-2 managing employee | 2022-12 | ||
| Francisco Rodriguez Maldonado | corporate officer | 2022-12 | ||
| Francisco Rodriguez Maldonado | w-2 managing employee | 2022-12 | ||
| Jose Solivan Rivera | corporate officer | 2022-12 | ||
| Jose Solivan Rivera | w-2 managing employee | 2022-12 | ||
| Juliane Leon Leon | corporate director | 2022-12 | ||
| Juliane Leon Leon | w-2 managing employee | 2022-12 | ||
| Larry Bonilla Sauder | corporate director | 2022-12 | ||
| Larry Bonilla Sauder | w-2 managing employee | 2022-12 | ||
| Lissette Vasquez Rivera | corporate director | 2022-12 | ||
| Lissette Vasquez Rivera | w-2 managing employee | 2022-12 | ||
| Lymari Colon Colon | corporate officer | 2022-12 | ||
| Lymari Colon Colon | w-2 managing employee | 2022-12 | ||
| Mennonite General Hospital Inc | operational/managerial control | 2022-09 | ||
| Miguel Serpa Perez | corporate director | 2022-12 | ||
| Ricardo Hernandez Rivera | corporate officer | 2022-12 | ||
| Ricardo Hernandez Rivera | w-2 managing employee | 2022-12 | ||
| Ruben Norat Roig | corporate officer | 2022-12 | ||
| Ruben Norat Roig | w-2 managing employee | 2022-12 |
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 |