Christus Mother Frances Hosp-Tyler
dba Christus Mother Frances Hospital Tyler ·
Tyler, Smith County, TX
· CCN 450102
Licensed to Mother Frances Hospital Regional Health Care Center
Composite
56.2
rank score
Distress
54
FY2024
Fit
75
vs thesis
Estimated ticket
$44.0M–$88.1M
518 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin under 2%
- under 30 days cash on hand
- margin deteriorating
- part of a multi-hospital chain — divestiture candidate
- TX: favorable regulatory climate
- rural — cheaper but limited density
- very large — likely out of range
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $983M |
| Operating margin | -31.4% |
| Total margin | 1.5% |
| Days cash on hand | 0 |
| Current ratio | 4.94 |
| Occupancy | 72% |
Facility
| Beds | 518 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | 457 | $764M | $58.0M | -9.7% | 6.5% | 2 | 1.12 | 81% | 27,348 | 48 |
| 2022 | 469 | $871M | $55.6M | -15.8% | 5.2% | 0 | 3.29 | 84% | 27,836 | 50 |
| 2023 | 518 | $972M | $91.1M | -17.0% | 7.4% | 0 | 4.50 | 76% | 31,096 | 50 |
| 2024 | 518 | $983M | $19.3M | -31.4% | 1.5% | 0 | 4.94 | 72% | 30,809 | 54 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Christus Health | 5% or greater indirect ownership interest | 100 | 2016-05 | chain |
| Christus Northeast Texas And Northern Louisiana Health System Corp | 5% or greater direct ownership interest | 100 | 1995-11 | |
| Eric Garrison | corporate officer | 2023-06 | ||
| Jason Proctor | corporate officer | 2018-12 | ||
| Jason Proctor | corporate director | 2019-01 | ||
| Jason Proctor | w-2 managing employee | 2018-12 | ||
| Jeb Jones | corporate director | 2019-01 | ||
| John Glenney | corporate officer | 2013-01 | ||
| John Glenney | corporate director | 2021-01 | ||
| John Glenney | w-2 managing employee | 2013-01 | ||
| Mark Anderson | corporate director | 2021-01 | ||
| Rita Fanning | corporate director | 2021-01 | ||
| Shannon Dacus | corporate director | 2021-01 | ||
| Sonia Acosta | corporate director | 2024-09 | ||
| Steven Keuer | corporate officer | 2010-09 | ||
| Steven Keuer | corporate director | 2005-11 | ||
| Theresa Popp | corporate director | 2022-01 |
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 |