The University Of Texas Medical Br.
Galveston, Galveston County, TX
· CCN 450018
Licensed to University Of Texas Medical Branch At Galveston
Composite
58.8
rank score
Distress
63
FY2024
Fit
76
vs thesis
Estimated ticket
$71.1M–$142M
837 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- under 30 days cash on hand
- current liabilities exceed current assets
- margin deteriorating sharply
- TX: favorable regulatory climate
- rural — cheaper but limited density
- very large — likely out of range
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $1.3B |
| Operating margin | -24.0% |
| Total margin | 9.3% |
| Days cash on hand | 8 |
| Current ratio | 0.91 |
| Occupancy | 71% |
Facility
| Beds | 837 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 804 | $1.0B | $254M | -20.0% | 17.0% | 61 | 1.04 | 64% | 37,170 | 41 |
| 2022 | 810 | $1.1B | $216M | -29.0% | 13.5% | 16 | 0.89 | 64% | 37,690 | 59 |
| 2023 | 819 | $1.2B | $114M | -29.9% | 6.8% | 23 | 0.63 | 65% | 38,422 | 63 |
| 2024 | 837 | $1.3B | $170M | -24.0% | 9.3% | 8 | 0.91 | 71% | 38,843 | 63 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Carlos Clark | w-2 managing employee | 2016-12 | ||
| Jochen Reiser | corporate director | 2023-08 | ||
| Jochen Reiser | w-2 managing employee | 2023-08 | ||
| Nickie Lloyd | w-2 managing employee | 2015-12 | ||
| Robert Dowless | w-2 managing employee | 2012-05 |
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 TX
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 |
|---|---|---|---|---|
| 2025-02-01 | Texas Heart Hospital Of The Southwest Llc | Baylor Heart & Vascular Center Llp | Baylor Heart And Vascular Hospital | 56 |
| 2024-10-30 | Hsa Port Arthur, Llc | The Medical Center Of Southeast Texas Lp | The Medical Ctr Of Southeast Texas | 196 |
| 2024-10-30 | Hsa St. Joseph, Llc | Sj Medical Center Llc | St Joseph Medical Center | 156 |
| 2024-10-17 | Big Spring Texas Hospital Company Llc | Steward Texas Hospital Holdings Llc | Scenic Mountain Medical Center | 75 |
| 2024-10-17 | Odessa Texas Hospital Company Llc | Odessa Regional Hospital Lp | Odessa Regional Hospital | 208 |
| 2024-06-01 | Columbia Medical Center Of Denton... | Decatur Health Services Llc | Medical City Denton | 184 |
| 2024-03-11 | Nacogdoches County Hospital District | Lion Star Nacogdoches Hospital, Llc | Nacogdoches Memorial Hosp | 160 |
| 2024-01-01 | Ahs Sherman Llc | Sherman Grayson Hospital Llc | Wilson N Jones Regional Medical Ctr | 214 |
| 2023-04-01 | Methodist Healthcare System Of San... | Hill Country Memorial Hospital | Hill Country Memorial Hospital | 57 |
| 2021-06-01 | Methodist Hospitals Of Dallas | Metsl, Llc | Methodist Southlake Medical Center | 22 |
| 2020-10-27 | Hendrick Medical Center | Armc Lp | Hendrick Medical Center | 533 |
| 2020-10-27 | Hendrick Medical Center Brownwood | Brownwood Hospital Lp | Hendrick Medical Center Brownwood | 63 |
| 2020-07-01 | St Joseph Regional Health Center | St Joseph Regional Health Center | St. Joseph Regional Health Center | 284 |
| 2020-04-01 | Christus Santa Rosa Health Care Corporation | Adventist Health System/sunbelt, Inc. | Christus Santa Rosa - San Marcos | 105 |
| 2020-03-01 | Sana Healthcare Carrollton | Baylor Medical Center At Carrollton | Carrollton Regional Medical Center | 89 |