Hospital Hima San Pablo Caguas
dba Hospital Pavia Caguas ·
Caguas, Caguas County, PR
· CCN 400120
Licensed to Metro Caguas Incorporated
Already transacted. CMS recorded an ownership change effective
2023-12-20. Confirm the current owner before spending a call on this.
Composite
22.4
rank score
Distress
95
FY2023
Fit
53
vs thesis
Estimated ticket
$147M–$589M
421 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy 30-45%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- very large — likely out of range
- ticket size well above the envelope
- thin occupancy
- for-profit — no charitable conversion review
- changed ownership 2023-12-20 — likely already transacted
Latest financials · FY2023
| Net patient revenue | — |
| Operating margin | — |
| Total margin | — |
| Days cash on hand | 1 |
| Current ratio | 0.12 |
| Occupancy | 37% |
Facility
| Beds | 421 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 401 | $122M | $-2.2M | -23.3% | -1.5% | 0 | 0.24 | 56% | 11,019 | 73 |
| 2021 | 421 | $131M | $-15.9M | -16.0% | -11.7% | 1 | 0.16 | 51% | 10,958 | 87 |
| 2022 | 421 | $120M | $-15.8M | -23.4% | -12.0% | 0 | 0.21 | 48% | 10,541 | 87 |
| 2023 | 421 | — | $-141M | — | — | 1 | 0.12 | 37% | 8,598 | 95 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Carlos Porrata Vega | corporate director | 100 | 2023-12 | |
| Carlos Porrata Vega | w-2 managing employee | 100 | 2023-12 | |
| Juan Carlos Marcial | corporate officer | 100 | 2023-12 | |
| Juan Carlos Marcial | w-2 managing employee | 100 | 2023-12 | |
| Karen Artau Feliciano | 5% or greater direct ownership interest | 100 | 2023-12 | |
| Karen Artau Feliciano | corporate officer | 100 | 2023-12 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2023-12-20 | change of ownership | Metro Caguas Incorporated | Centro Medico Del Turabo Inc |
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 |