dealflow
envelope $200M

← Targets

Hospital Dr. Susoni

dba Hospital Metropolitano Dr Susoni · Arecibo, Arecibo County, PR · CCN 400117
Licensed to Hospital Dr. Susoni. Inc.

Composite
59.8
rank score
Distress
61
FY2023
Fit
81
vs thesis
Estimated ticket
$51.4M–$206M
121 beds · within envelope
Ownership
for-profit
STH

Why it ranks here

  • operating margin below -10%
  • total margin -8% to -3%
  • 30-60 days cash on hand
  • 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
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$51.1M
Operating margin -10.8%
Total margin -8.0%
Days cash on hand 31
Current ratio 2.63
Occupancy77%

Facility

Beds121
Facility typeSTH
Settingurban
Ownership classfor-profit
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 119 $40.5M $4.8M -14.6% 9.4% 77 2.46 59% 5,297 40
2021 119 $45.8M $2.6M -0.8% 5.3% 73 2.92 62% 5,157 26
2022 119 $46.5M $515K -4.9% 1.0% 48 3.44 74% 6,107 36
2023 121 $51.1M $-4.2M -10.8% -8.0% 31 2.63 77% 6,547 61

Owners

OwnerRole%SinceType
Artau Holdings Llc
Guaynabo, PR
5% or greater direct ownership interest 100 2015-05
Artau Holdings Llc
Guaynabo, PR
operational/managerial control 100 2015-05
Lenisse Portalatin Perez corporate director 100 2025-04
Lenisse Portalatin Perez w-2 managing employee 100 2025-04
Yamila Villanueva Feliciano w-2 managing employee 100 2024-02
Yarimir Rodriguez Diaz corporate director 100 2025-07
Yarimir Rodriguez Diaz w-2 managing employee 100 2025-07
Carmen Feliciano Vargas 5% or greater indirect ownership interest 38 2015-05
Carmen Feliciano Vargas operational/managerial control 38 2015-05
Eduardo Artau Gomez 5% or greater indirect ownership interest 38 2015-05
Eduardo Artau Gomez operational/managerial control 38 2015-05
Eduardo Artau Feliciano 5% or greater indirect ownership interest 8 2015-05
Eduardo Artau Feliciano operational/managerial control 8 2015-05
Francisco Artau Feliciano 5% or greater indirect ownership interest 8 2015-05
Francisco Artau Feliciano operational/managerial control 8 2015-05
Karen Artau Feliciano 5% or greater indirect ownership interest 8 2015-05
Karen Artau Feliciano operational/managerial control 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.

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