Christus Santa Rosa - San Marcos
dba Christus Santa Rosa Hospital - San Marcos ·
San Marcos, Hays County, TX
· CCN 450272
Licensed to Christus Santa Rosa Health Care Corporation
Composite
49.8
rank score
Distress
31
FY2024
Fit
85
vs thesis
Estimated ticket
$52.5M–$210M
105 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- occupancy 30-45%
- margin deteriorating
- part of a multi-hospital chain — divestiture candidate
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $122M |
| Operating margin | 3.6% |
| Total margin | 4.4% |
| Days cash on hand | 0 |
| Current ratio | 2.09 |
| Occupancy | 39% |
Facility
| Beds | 105 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 157 | $19.3M | $-4.4M | -28.6% | -21.6% | 0 | 0.50 | 19% | 840 | 100 |
| 2021 | 115 | $46.4M | $3.8M | 2.0% | 7.7% | 0 | 4.73 | 35% | 1,882 | 28 |
| 2022 | 131 | $107M | $-1.5M | -5.8% | -1.3% | 0 | 7.45 | 31% | 3,522 | 58 |
| 2023 | 108 | $113M | $5.5M | 4.2% | 4.8% | 0 | 4.08 | 34% | 4,005 | 28 |
| 2024 | 105 | $122M | $5.5M | 3.6% | 4.4% | 0 | 2.09 | 39% | 4,592 | 31 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Christus Health | 5% or greater direct ownership interest | 100 | 2020-04 | chain |
| Brian Haughton | corporate officer | 2026-03 | ||
| 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 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2020-04-01 | change of ownership | Christus Santa Rosa Health... | Adventist Health System/sunbelt, Inc. |
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 |