dealflow
envelope $200M

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Baylor S&w All Saints Medical Center

dba Baylor Scott & White All Saints Medical Center - Fort Worth · Fort Worth, Tarrant County, TX · CCN 450137
Licensed to Baylor All Saints Medical Center

Composite
16.4
rank score
Distress
29
FY2023
Fit
70
vs thesis
Estimated ticket
$226M–$902M
451 beds · over envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin under 2%
  • under 30 days cash on hand
  • margin slipping
  • 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 · FY2023

Net patient revenue$531M
Operating margin 1.6%
Total margin 11.0%
Days cash on hand 0
Current ratio 2.89
Occupancy69%

Facility

Beds451
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 382 $401M $49.4M 2.1% 11.2% 0 2.29 69% 18,771 22
2021 398 $465M $71.6M 1.6% 13.5% 0 2.18 76% 19,755 29
2022 438 $521M $10.1M 4.5% 2.0% 0 3.03 71% 23,085 26
2023 451 $531M $64.8M 1.6% 11.0% 0 2.89 69% 20,328 29

Owners

OwnerRole%SinceType
Amy Wilson operational/managerial control 2023-03
Baylor Health Care System
Dallas, TX
operational/managerial control 2008-01
Baylor Scott & White Health
Dallas, TX
operational/managerial control 2014-03
Baylor Scott & White Holdings
Dallas, TX
other 2014-03
Charles Williams corporate director 2023-07
Charles Williams w-2 managing employee 2023-07
Charles Williams operational/managerial control 2023-07
Harry Dugger corporate director 2019-07
Jeff Schmeltekopf corporate director 2016-07
Justin Meier operational/managerial control 2023-02
Lisa Hultz corporate director 2022-07
Lucinda Catala corporate director 2013-10
Lucinda Catala w-2 managing employee 2013-10
Lucinda Catala operational/managerial control 2013-10
Marissa Hernandez corporate director 2021-03
Pamela Linton corporate director 2024-07
Rodrick Robinson corporate director 2020-10
Timothy Owens corporate director 2024-07

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