Bellville Medical Center
dba Mid Coast Medical Center-Bellville ·
Bellvile, Austin County, TX
· CCN 450253
Licensed to Bellville Medical Center
Composite
51.4
rank score
Distress
60
FY2023
Fit
61
vs thesis
Estimated ticket
$9.8M–$39.1M
23 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- under 30 days cash on hand
- current ratio under 1.5
- debt above 70% of assets
- occupancy below 30%
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- very small facility
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $11.2M |
| Operating margin | -31.6% |
| Total margin | 3.6% |
| Days cash on hand | 0 |
| Current ratio | 1.03 |
| Occupancy | 1% |
Facility
| Beds | 23 |
| Facility type | STH |
| Setting | urban |
| Ownership class | government |
| 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 | 10 | $10.8M | $-4.3M | -55.1% | -34.7% | 0 | 0.28 | 16% | 141 | 100 |
| 2022 | 23 | $13.3M | $-392K | -41.5% | -2.1% | 0 | 0.60 | 5% | 93 | 88 |
| 2023 | 23 | $11.2M | $558K | -31.6% | 3.6% | 0 | 1.03 | 1% | 36 | 60 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Bellville Medical Center | operational/managerial control | 2011-01 | ||
| Brett Kirkham | corporate director | 2023-11 | ||
| Brett Kirkham | w-2 managing employee | 2023-11 | ||
| David Mak | corporate director | 2024-01 | ||
| David Mak | w-2 managing employee | 2024-01 | ||
| Lisa Altenhoff | corporate director | 2024-01 | ||
| Lisa Altenhoff | w-2 managing employee | 2024-01 | ||
| Mid Coast Health System | operational/managerial control | 2024-01 |
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 |