Gonzales Healthcare Systems
dba Memorial Hospital ·
Gonzales, Gonzales County, TX
· CCN 450235
Licensed to Gonzales Healthcare Systems
Composite
35.2
rank score
Distress
33
FY2024
Fit
51
vs thesis
Estimated ticket
$1.2M–$2.4M
12 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- occupancy below 30%
- TX: favorable regulatory climate
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2024
| Net patient revenue | $48.3M |
| Operating margin | -31.5% |
| Total margin | 9.0% |
| Days cash on hand | 324 |
| Current ratio | 8.78 |
| Occupancy | 29% |
Facility
| Beds | 12 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 34 | $46.8M | $2.9M | -24.1% | 4.7% | 142 | 8.13 | 14% | 600 | 41 |
| 2022 | 34 | $50.9M | $3.7M | -18.7% | 5.8% | 172 | 8.96 | 16% | 617 | 37 |
| 2023 | 34 | $52.5M | $5.9M | -18.0% | 8.8% | 297 | 3.49 | 11% | 514 | 37 |
| 2024 | 12 | $48.3M | $6.3M | -31.5% | 9.0% | 324 | 8.78 | 29% | 497 | 33 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brandon Anzaldua | corporate officer | 2023-08 | ||
| Gene Reed | corporate director | 2010-06 | ||
| Gonzales Healthcare Systems | operational/managerial control | 2010-07 | ||
| Gregory Tieken | corporate director | 2016-05 | ||
| Juli Clay | corporate officer | 2002-12 | ||
| Juli Clay | w-2 managing employee | 2002-12 | ||
| Kenneth Gottwald | corporate director | 2012-05 | ||
| Kerry Morgan | corporate director | 2013-09 | ||
| Lisa Gindler | corporate director | 1995-05 | ||
| Sascha Kardosz | corporate director | 2018-05 | ||
| Stephanie Kodack | corporate director | 2017-06 | ||
| Timothy Markham | corporate director | 1996-05 | ||
| Wayne South | corporate director | 2019-06 | ||
| William Bailey | corporate officer | 2023-07 |
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 |