Hospital Psiquiatrico Cabo Rojo
dba Hospital Metropolitano Psiquiatrico De Cabo Rojo ·
Cabo Rojo, PR
· CCN 404007
Licensed to Southwest Health Corp
Composite
58.8
rank score
Distress
64
FY2023
Fit
75
vs thesis
Estimated ticket
$9.1M–$36.5M
39 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current liabilities exceed current assets
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- small but workable bed count
- small ticket — deploys little of the available capital
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $9.2M |
| Operating margin | -10.7% |
| Total margin | -7.6% |
| Days cash on hand | 1 |
| Current ratio | 0.86 |
| Occupancy | 77% |
Facility
| Beds | 39 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $234K |
| Per-bed (high) | $935K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 39 | $6.2M | $-1.3M | -59.4% | -15.4% | 3 | 0.50 | 57% | 1,377 | 82 |
| 2021 | 39 | $4.5M | $-1.7M | -168.3% | -16.5% | 0 | 0.44 | 74% | 1,721 | 80 |
| 2022 | 39 | $8.4M | $-322K | -13.2% | -3.5% | 7 | 1.48 | 69% | 1,624 | 66 |
| 2023 | 39 | $9.2M | $-721K | -10.7% | -7.6% | 1 | 0.86 | 77% | 1,641 | 64 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Artau Holdings Ii Llc | 5% or greater direct ownership interest | 100 | 2015-05 | |
| Artau Holdings Ii Llc | operational/managerial control | 100 | 2015-05 | |
| Giovanni Ezequiel Ortiz Pagan | corporate director | 100 | 2021-03 | |
| Giovanni Ezequiel Ortiz Pagan | w-2 managing employee | 100 | 2021-03 | |
| Giovanni Ezequiel Ortiz Pagan | operational/managerial control | 100 | 2021-03 | |
| Janet Santiago Candelario | operational/managerial control | 100 | 2014-03 | |
| 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 | 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 | |
| Eduardo Artau Feliciano | 5% or greater indirect ownership interest | 2015-05 | ||
| Janet Santiago Candelario | corporate director | 2014-03 | ||
| Janet Santiago Candelario | w-2 managing employee | 2014-03 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.