The Methodist Hospital
dba Houston Methodist Hospital ·
Houston, Harris County, TX
· CCN 450358
Licensed to The Methodist Hospital
Composite
14.1
rank score
Distress
12
FY2023
Fit
70
vs thesis
Estimated ticket
$488M–$2.0B
976 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- 60-90 days cash on hand
- current ratio under 1.5
- part of a multi-hospital chain — divestiture candidate
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $2.8B |
| Operating margin | 4.9% |
| Total margin | 8.1% |
| Days cash on hand | 77 |
| Current ratio | 1.45 |
| Occupancy | 77% |
Facility
| Beds | 976 |
| 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 | 1,116 | $2.1B | $119M | 2.0% | 5.4% | 187 | 1.62 | 60% | 36,075 | 9 |
| 2021 | 1,003 | $2.5B | $249M | 7.0% | 9.9% | 68 | 1.55 | 76% | 39,101 | 10 |
| 2022 | 966 | $2.6B | $231M | 5.2% | 8.5% | 80 | 1.46 | 76% | 38,630 | 13 |
| 2023 | 976 | $2.8B | $238M | 4.9% | 8.1% | 77 | 1.45 | 77% | 39,496 | 12 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Apurva Thekdi | corporate director | 2025-01 | ||
| Armando Perez | corporate director | 2024-03 | ||
| Carlton Baucum | corporate director | 2004-07 | ||
| Cynthia Harvey | corporate director | 2023-01 | ||
| David Underwood | corporate director | 2015-11 | ||
| Douglas Swanson | corporate director | 2020-07 | ||
| Edmund Robb | corporate director | 2016-07 | ||
| Elizabeth Wareing | corporate director | 2008-07 | ||
| Emily Crosswell | corporate director | 1986-07 | ||
| Ewing Werlein | corporate director | 1990-07 | ||
| Gregory Nelson | corporate director | 2003-07 | ||
| Joe Perkins | corporate director | 2013-11 | ||
| John Bookout | corporate director | 1979-07 | ||
| Joseph Walter | corporate director | 2006-07 | ||
| Juliet Ellis | corporate director | 2014-11 | ||
| Karla Kurrelmeyer | corporate director | 2023-01 | ||
| Marc Boom | corporate officer | 2012-01 | ||
| Marc Boom | w-2 managing employee | 2012-01 | ||
| Mark Houser | corporate director | 2011-04 | ||
| Martha Smith | corporate director | 2015-07 | ||
| Mary Daffin | corporate director | 1997-07 | ||
| Matthew Neely | corporate director | 2025-05 | ||
| Ricardo Gonzalez | corporate director | 2024-06 | ||
| Roberta Schwartz | corporate officer | 2013-10 | ||
| Roberta Schwartz | w-2 managing employee | 2012-01 |
Showing 25 of 31. Full list via /api/targets/450358.
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 |