dealflow
envelope $200M

← Targets

Ut Md Anderson Cancer Center

Houston, Harris County, TX · CCN 450076
Licensed to University Of Texas M. D. Anderson Cancer Center

Composite
12.5
rank score
Distress
10
FY2024
Fit
67
vs thesis
Estimated ticket
$378M–$1.5B
756 beds · over envelope
Ownership
government
STH

Why it ranks here

  • margin deteriorating sharply
  • 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
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$6.1B
Operating margin 9.7%
Total margin 21.0%
Days cash on hand 198
Current ratio 2.73
Occupancy86%

Facility

Beds756
Facility typeSTH
Settingurban
Ownership classgovernment
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 739 $4.0B $1.8B -2.0% 30.5% 109 1.88 75% 26,908 20
2022 698 $4.4B $36.0M -2.3% 0.8% 143 2.30 82% 28,736 23
2023 721 $4.9B $931M -0.8% 15.9% 186 2.49 87% 29,176 16
2024 756 $6.1B $1.5B 9.7% 21.0% 198 2.73 86% 29,931 10

Owners

OwnerRole%SinceType
Artemo Mier w-2 managing employee 2014-11
Carin Hagberg corporate officer 2018-08
Christopher Smith operational/managerial control 2017-08
Jeffery Lee corporate officer 2024-08
Jessica Campbell corporate director 2017-08
Karolyn Thompson corporate director 2024-10
Miriam Flores corporate director 2023-09
Miriam Flores w-2 managing employee 2005-01
Omer Sultan corporate officer 2021-10
Peter Pisters corporate officer 2017-12
Rosanna Morris corporate officer 2019-04
The University Of Texas At Austin
Austin, TX
other 2007-09

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.

DateBuyerSellerHospitalBeds
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