Chi St Lukes Health Baylor Med Ctr
dba Baylor St. Luke's Medical Center ·
Houston, Harris County, TX
· CCN 450193
Licensed to Chi St. Luke's Health Baylor College Of Medicine Medical Center
Composite
23.6
rank score
Distress
69
FY2024
Fit
70
vs thesis
Estimated ticket
$275M–$1.1B
648 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- margin deteriorating
- 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 · FY2024
| Net patient revenue | $1.3B |
| Operating margin | -5.8% |
| Total margin | -3.7% |
| Days cash on hand | 2 |
| Current ratio | 0.68 |
| Occupancy | 69% |
Facility
| Beds | 648 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 628 | $1.0B | $6.0M | -3.7% | 0.6% | 2 | 0.90 | 65% | 21,350 | 50 |
| 2022 | 628 | $1.0B | $-56.9M | -7.1% | -5.3% | 2 | 0.60 | 64% | 20,903 | 70 |
| 2023 | 628 | $1.1B | $-64.8M | -9.5% | -5.7% | 2 | 0.74 | 68% | 21,534 | 70 |
| 2024 | 648 | $1.3B | $-48.0M | -5.8% | -3.7% | 2 | 0.68 | 69% | 23,355 | 69 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Commonspirit Health | 5% or greater indirect ownership interest | 65 | 2013-06 | |
| St. Lukes Health System Corporation | 5% or greater direct ownership interest | 65 | 2013-06 | |
| Baylor College Of Medicine | 5% or greater direct ownership interest | 35 | 2014-01 | |
| Alan Semple | corporate director | 2018-01 | ||
| Bradley Lembcke | corporate officer | 2023-09 | ||
| Bradley Lembcke | corporate director | 2023-09 | ||
| Brooks Mcgee | corporate director | 2023-01 | ||
| Jesus Gomez | corporate officer | 2024-02 | ||
| Jesus Gomez | w-2 managing employee | 2019-01 | ||
| Jesus Gomez | operational/managerial control | 2024-02 | ||
| John Glick | corporate officer | 2022-01 | ||
| John Glick | corporate director | 2022-01 | ||
| Mark Mccollum | corporate officer | 2023-01 | ||
| Mark Mccollum | corporate director | 2023-01 | ||
| Paul Klotman | corporate director | 2014-01 | ||
| Scott Silvas | corporate director | 2022-01 | ||
| Stuart Brightman | corporate director | 2023-01 | ||
| Terika Mbanu | corporate director | 2024-01 | ||
| Todd Rosengart | corporate director | 2017-01 |
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 |