dealflow
envelope $200M

← Targets

Centro Comprensivo De Cancer

dba Hospital Centro Comprensivo Del Cancer · San Juan, San Juan Municipio County, PR · CCN 400135
Licensed to Centro De Cancer De La Universidad

Composite
63.5
rank score
Distress
78
FY2024
Fit
71
vs thesis
Estimated ticket
$18.9M–$75.6M
54 beds · within envelope
Ownership
government
STH

Why it ranks here

  • operating margin below -10%
  • total margin -8% to -3%
  • under 30 days cash on hand
  • current ratio below 0.8
  • debt above 70% of assets
  • margin deteriorating
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size somewhat below the envelope
  • strong occupancy — good iteration surface
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$29.2M
Operating margin -126.2%
Total margin -6.0%
Days cash on hand 11
Current ratio 0.13
Occupancy61%

Facility

Beds54
Facility typeSTH
Settingurban
Ownership classgovernment
Per-bed (low) $350K
Per-bed (high) $1.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 28 $7.1M $-12.9M -291.4% -86.6% 94 0.08 28% 892 76
2021 29 $10.7M $-656K -191.4% -2.2% 0 0.04 26% 781 84
2022 29 $17.3M $-19.3M -112.9% -109.8% 457 0.33 38% 1,010 68
2023 48 $20.4M $10.2M -130.4% 17.8% 19 0.16 40% 1,514 69
2024 54 $29.2M $-3.7M -126.2% -6.0% 11 0.13 61% 2,442 78

Owners

OwnerRole%SinceType
Centro De Cancer De La Universidad
San Juan, PR
5% or greater direct ownership interest 100 2004-08
Centro De Cancer De La Universidad
San Juan, PR
operational/managerial control 100 2004-08
Ruben Ivan Rivera Lopez corporate director 100 2021-04
Ruben Ivan Rivera Lopez w-2 managing employee 100 2021-04
Ruben Ivan Rivera Lopez operational/managerial control 100 2021-04
Dorimar Morales Torres corporate director 2024-01
Dorimar Morales Torres w-2 managing employee 2024-01
Dorimar Morales Torres operational/managerial control 2024-01
Elba Alicea Bonilla corporate director 2024-04
Elba Alicea Bonilla w-2 managing employee 2024-04
Elba Alicea Bonilla operational/managerial control 2024-04
Juan Pagan Ramos contracted managing employee 2025-02

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