Baptist Saint Anthonys Hospital
dba Bsa Hospital ·
Amarillo, Potter County, TX
· CCN 450231
Licensed to Bsa Hospital Llc
Composite
60.5
rank score
Distress
59
FY2023
Fit
85
vs thesis
Estimated ticket
$30.3M–$60.7M
357 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- current ratio below 0.8
- margin deteriorating
- TX: favorable regulatory climate
- rural — cheaper but limited density
- large — ticket likely stretches the envelope
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $582M |
| Operating margin | -2.8% |
| Total margin | -0.9% |
| Days cash on hand | 0 |
| Current ratio | -0.16 |
| Occupancy | 76% |
Facility
| Beds | 357 |
| Facility type | STH |
| Setting | rural |
| Ownership class | for-profit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 365 | $532M | $21.2M | 2.1% | 3.9% | 0 | 0.92 | 65% | 20,956 | 31 |
| 2021 | 360 | $497M | $509K | -3.8% | 0.1% | 0 | -0.34 | 72% | 18,218 | 54 |
| 2022 | 357 | $516M | $-17.6M | -7.9% | -3.3% | 0 | -0.16 | 74% | 18,785 | 70 |
| 2023 | 357 | $582M | $-5.2M | -2.8% | -0.9% | 0 | -0.16 | 76% | 20,610 | 59 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ahp Health Partners, Inc | 5% or greater indirect ownership interest | 100 | 2019-01 | |
| Ahs Bsa, Llc | 5% or greater indirect ownership interest | 100 | 2019-01 | |
| Ahs Management Company Inc. | operational/managerial control | 100 | 2021-01 | |
| Ardent Health Inc | 5% or greater indirect ownership interest | 100 | 2019-01 | |
| Ardent Legacy Holdings Llc | 5% or greater indirect ownership interest | 100 | 2015-08 | |
| Bsa Health System Of Amarillo Llc | 5% or greater direct ownership interest | 100 | 2013-01 | |
| Michael Cruz | w-2 managing employee | 100 | 2023-05 | |
| Mary Crabtree | corporate officer | 2013-01 | ||
| Michael Cruz | corporate officer | 2020-01 | ||
| Stephen Petrovich | corporate officer | 2013-01 | ||
| Stephen Petrovich | corporate director | 2013-01 |
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 |