Hospital Metro Hato Rey Inc.
Hato Rey, Hato Rey County, PR · CCN 400128
Composite
70.6
rank score
Distress
91
FY2023
Fit
74
vs thesis
Estimated ticket
$17.9M–$71.4M
51 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- debt above 85% of assets
- occupancy 45-60%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size somewhat below the envelope
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $29.6M |
| Operating margin | -34.8% |
| Total margin | -29.9% |
| Days cash on hand | 15 |
| Current ratio | 0.40 |
| Occupancy | 49% |
Facility
| Beds | 51 |
| 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 | 111 | $34.3M | $-275K | -20.0% | -0.7% | 29 | 0.81 | 36% | 2,827 | 72 |
| 2021 | 111 | $37.7M | $1.4M | -10.8% | 3.2% | 45 | 0.78 | 31% | 2,425 | 63 |
| 2022 | 84 | $34.2M | $-3.9M | -18.8% | -10.7% | 22 | 0.61 | 34% | 1,949 | 93 |
| 2023 | 51 | $29.6M | $-9.2M | -34.8% | -29.9% | 15 | 0.40 | 49% | 1,484 | 91 |
Owners
No ownership records — CMS has no owner filings mapped to this CCN.
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 |