Santa Rosa Healthcare
dba Christus Santa Rosa Hospital ·
San Antonio, Bexar County, TX
· CCN 450237
Licensed to Christus Santa Rosa Health Care Corporation
Composite
57.6
rank score
Distress
51
FY2024
Fit
82
vs thesis
Estimated ticket
$32.9M–$65.8M
387 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- 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
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $574M |
| Operating margin | -3.3% |
| Total margin | -2.2% |
| Days cash on hand | 0 |
| Current ratio | 5.54 |
| Occupancy | 69% |
Facility
| Beds | 387 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 367 | $462M | $16.2M | -3.5% | 3.3% | 1 | 3.68 | 73% | 20,685 | 38 |
| 2022 | 387 | $530M | $-19.0M | -6.5% | -3.5% | 1 | 3.58 | 68% | 19,631 | 57 |
| 2023 | 387 | $524M | $-41.5M | -9.1% | -7.8% | 0 | 3.12 | 67% | 21,559 | 57 |
| 2024 | 387 | $574M | $-12.6M | -3.3% | -2.2% | 0 | 5.54 | 69% | 22,897 | 51 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Christus Health | 5% or greater direct ownership interest | 100 | 1999-02 | chain |
| Charles Amato | corporate director | 2018-01 | ||
| Cris Daskevich | corporate director | 2018-10 | ||
| Gabriela Saenz | corporate director | 2025-01 | ||
| John Wicklund | corporate officer | 2023-09 | ||
| John Wicklund | w-2 managing employee | 2023-09 | ||
| Lee Sonne | corporate director | 2025-05 | ||
| Margaret Bonnot | corporate director | 2026-01 | ||
| Patrick Frost | corporate director | 2018-10 | ||
| Sam Bagchi | corporate director | 2025-01 | ||
| Sonia Acosta | corporate director | 2025-08 | ||
| Steven Chen | corporate officer | 2022-03 |
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 |