dealflow
envelope $200M

← Targets

Hunt Regional Medical Center

dba Hunt Regional Healthcare · Greenville, Hunt County, TX · CCN 450352
Licensed to Hunt Memorial Hospital District

Composite
62.1
rank score
Distress
58
FY2023
Fit
90
vs thesis
Estimated ticket
$63.8M–$255M
150 beds · within envelope
Ownership
government
STH

Why it ranks here

  • operating margin below -10%
  • total margin negative
  • under 30 days cash on hand
  • margin deteriorating
  • TX: favorable regulatory climate
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • strong occupancy — good iteration surface
  • government-owned — public process likely

Latest financials · FY2023

Net patient revenue$176M
Operating margin -32.8%
Total margin -2.7%
Days cash on hand 22
Current ratio 2.28
Occupancy62%

Facility

Beds150
Facility typeSTH
Settingurban
Ownership classgovernment
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 160 $141M $141K -9.2% 0.1% 136 1.63 54% 6,511 37
2021 160 $169M $2.3M -7.5% 1.2% 144 2.63 66% 6,507 30
2022 150 $173M $-9.3M -11.6% -5.0% 51 5.30 71% 7,544 57
2023 150 $176M $-6.1M -32.8% -2.7% 22 2.28 62% 7,266 58

Owners

OwnerRole%SinceType
Ashley Biggers w-2 managing employee 2020-10
Deborah Clack other 2020-11
Hunt Memorial Hospital District
Greenville, TX
5% or greater direct ownership interest 1975-01
Janet Peek other 2017-09
John Nelson other 2004-06
Julia Wensel other 2018-10
Leslie Killgore other 2021-09
Marie Anders w-2 managing employee 2026-01
Michael Taylor other 2020-05
Scott Pierce other 2018-05
Steven Boles corporate officer 2021-11
Steven Boles other 2021-11
Tammy Walsh corporate officer 2025-11
Wesley Oswald other 2022-09
William Helton other 2022-05

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.

DateBuyerSellerHospitalBeds
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