Christus Spohn Hosp Corpus Christi
dba Christus Spohn Hospital Corpus Christi ·
Corpus Christi, Nueces County, TX
· CCN 450046
Licensed to Christus Spohn Health System Corporation
Composite
22.9
rank score
Distress
61
FY2024
Fit
70
vs thesis
Estimated ticket
$219M–$876M
515 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $695M |
| Operating margin | -8.1% |
| Total margin | -5.3% |
| Days cash on hand | 1 |
| Current ratio | 19.21 |
| Occupancy | 61% |
Facility
| Beds | 515 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 503 | $633M | $32.5M | -4.7% | 4.7% | 4 | 1.81 | 84% | 23,096 | 38 |
| 2022 | 515 | $615M | $-17.3M | -7.1% | -2.7% | 5 | 4.28 | 73% | 21,054 | 52 |
| 2023 | 515 | $666M | $13.7M | -5.1% | 2.0% | 0 | -3.10 | 66% | 23,410 | 69 |
| 2024 | 515 | $695M | $-37.7M | -8.1% | -5.3% | 1 | 19.21 | 61% | 23,597 | 61 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Christus Health | 5% or greater direct ownership interest | 100 | 1999-02 | chain |
| Audrey Webber | corporate director | 2024-06 | ||
| Bill Colston | corporate director | 2024-04 | ||
| Dominic Dominguez | corporate officer | 2023-01 | ||
| Dominic Dominguez | corporate director | 2023-01 | ||
| Gabriel Guerra | corporate director | 2019-01 | ||
| Jeffrey Puckett | corporate director | 2024-01 | ||
| Kirkby Townsend | corporate director | 2018-01 | ||
| Mary Henry | corporate director | 2024-01 | ||
| Nueces County Hospital District | other | 2012-10 | ||
| Orel Everett | corporate director | 2024-01 | ||
| Rebecca Rios | corporate officer | 2019-11 | ||
| Rebecca Rios | w-2 managing employee | 2019-11 | ||
| Shah Islam | corporate director | 2022-01 | ||
| Yvonne Hinojosa | corporate director | 2024-01 |
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 |