Medical Center Health System
dba Medical Center Hospital ·
Odessa, Ector County, TX
· CCN 450132
Licensed to Ector County Hospital District
Composite
52.5
rank score
Distress
49
FY2023
Fit
76
vs thesis
Estimated ticket
$33.0M–$66.0M
330 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin negative
- 60-90 days cash on hand
- occupancy 45-60%
- margin deteriorating
- TX: favorable regulatory climate
- rural — cheaper but limited density
- large — ticket likely stretches the envelope
- ticket size somewhat below the envelope
- moderate occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $247M |
| Operating margin | -42.4% |
| Total margin | -0.3% |
| Days cash on hand | 81 |
| Current ratio | 3.08 |
| Occupancy | 54% |
Facility
| Beds | 330 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 331 | $206M | $5.7M | -51.5% | 1.7% | 153 | 3.96 | 50% | 12,658 | 33 |
| 2021 | 331 | $227M | $30.8M | -39.3% | 8.5% | 142 | 4.16 | 58% | 12,553 | 34 |
| 2022 | 330 | $220M | $-15.0M | -52.2% | -4.4% | 116 | 2.65 | 56% | 12,648 | 47 |
| 2023 | 330 | $247M | $-1.1M | -42.4% | -0.3% | 81 | 3.08 | 54% | 13,020 | 49 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Russell Tippin | corporate officer | 100 | 2019-08 | |
| Debby Mireles | operational/managerial control | 2018-01 | ||
| Ector County Hospital District | 5% or greater direct ownership interest | 1975-01 | ||
| Russell Tippin | w-2 managing employee | 2019-08 |
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 |