Methodist Hospital South
dba Methodist Hospital | Atascosa ·
Jourdanton, Atascosa County, TX
· CCN 450165
Licensed to Methodist Healthcare System Of San Antonio Ltd Llp
Composite
52.6
rank score
Distress
38
FY2024
Fit
84
vs thesis
Estimated ticket
$33.5M–$134M
67 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- debt above 85% of assets
- occupancy below 30%
- margin slipping
- part of a multi-hospital chain — divestiture candidate
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $42.9M |
| Operating margin | 7.5% |
| Total margin | 7.8% |
| Days cash on hand | 0 |
| Current ratio | 1.56 |
| Occupancy | 18% |
Facility
| Beds | 67 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 67 | $38.4M | $3.4M | 8.4% | 8.7% | 0 | 1.44 | 29% | 1,711 | 46 |
| 2022 | 67 | $40.6M | $1.8M | 4.0% | 4.4% | 0 | 1.48 | 26% | 1,574 | 46 |
| 2023 | 67 | $38.6M | $1.3M | 2.7% | 3.3% | 0 | 1.59 | 17% | 1,375 | 42 |
| 2024 | 67 | $42.9M | $3.4M | 7.5% | 7.8% | 0 | 1.56 | 18% | 1,571 | 38 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hca Healthcare Inc | 5% or greater indirect ownership interest | 100 | 2017-07 | |
| Hca Inc | 5% or greater indirect ownership interest | 100 | 2017-07 | chain |
| Healthtrust Inc - The Hospital Company | 5% or greater indirect ownership interest | 100 | 2017-07 | |
| Hti Hospital Holdings Inc | 5% or greater indirect ownership interest | 100 | 2017-07 | |
| Women's Hospital Indianapolis, L.p. | 5% or greater indirect ownership interest | 100 | 2017-07 | |
| Indianapolis Hospital Partner, Llc | 5% or greater indirect ownership interest | 99 | 2017-07 | |
| Methodist Healthcare Ministries Of South Texas, Inc. | 5% or greater direct ownership interest | 50 | 2017-07 | |
| Methodist Healthcare Ministries Of South Texas, Inc. | limited partnership interest | 30 | 2017-07 | |
| Columbia-Hca Healthcare Corporation Of Central Texas | 5% or greater direct ownership interest | 23 | 2017-07 | |
| Methodist Healthcare Ministries Of South Texas, Inc. | general partnership interest | 20 | 2017-07 | |
| Frisco Holding Ii | 5% or greater indirect ownership interest | 16 | 2026-02 | |
| Hercules Holding Ii | 5% or greater indirect ownership interest | 16 | 2026-02 | |
| Mgh Medical Inc. | 5% or greater direct ownership interest | 10 | 2017-07 | |
| Mgh Medical Inc. | limited partnership interest | 10 | 2017-07 | |
| W & C Hospital, Inc. | 5% or greater direct ownership interest | 8 | 2017-07 | |
| W & C Hospital, Inc. | limited partnership interest | 8 | 2017-07 | |
| San Antonio Regional Hospital, Inc. | 5% or greater direct ownership interest | 7 | 2017-07 | |
| San Antonio Regional Hospital, Inc. | limited partnership interest | 7 | 2017-07 | |
| David Heckman | corporate officer | 2025-08 | ||
| David Heckman | w-2 managing employee | 2025-08 | ||
| Enrique Bernal | corporate officer | 2021-05 | ||
| Eric Smith | contracted managing employee | 2021-03 | ||
| Gregory Seiler | corporate officer | 2019-01 | ||
| Gregory Seiler | w-2 managing employee | 2019-01 | ||
| Methodist Healthcare Ministries Of South Texas, Inc. | operational/managerial control | 2017-07 |
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.
| 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 |