Texas Health Dallas
Dallas, Dallas County, TX
· CCN 450462
Licensed to Texas Health Presbyterian Hospital Dallas
Composite
17.3
rank score
Distress
34
FY2023
Fit
70
vs thesis
Estimated ticket
$288M–$1.2B
576 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- under 30 days cash on hand
- 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 | $738M |
| Operating margin | -3.2% |
| Total margin | 3.0% |
| Days cash on hand | 0 |
| Current ratio | 2.21 |
| Occupancy | 64% |
Facility
| Beds | 576 |
| 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 | 549 | $554M | $3.0M | -17.4% | 0.5% | 0 | 1.37 | 62% | 23,648 | 57 |
| 2021 | 531 | $664M | $88.5M | 3.0% | 12.1% | 0 | 1.50 | 73% | 25,213 | 22 |
| 2022 | 558 | $711M | $31.2M | -1.9% | 4.1% | 0 | 1.59 | 67% | 26,932 | 38 |
| 2023 | 576 | $738M | $23.8M | -3.2% | 3.0% | 0 | 2.21 | 64% | 24,508 | 34 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Christopher York | w-2 managing employee | 100 | 2023-09 | |
| Texas Health Resources | 5% or greater direct ownership interest | 100 | 1997-09 | |
| Andrew Masica | corporate officer | 2025-01 | ||
| Barclay Berdan | corporate director | 2006-01 | ||
| Brandon Pope | corporate officer | 2025-01 | ||
| Carla Dawson | corporate officer | 2023-01 | ||
| Christopher Lane | corporate officer | 2025-05 | ||
| Christopher York | corporate officer | 2023-09 | ||
| David Tesmer | corporate officer | 2019-01 | ||
| Deena Mcallister | corporate officer | 2019-01 | ||
| Ferdinand Velasco | corporate officer | 2019-01 | ||
| Gary Goldberg | corporate officer | 2023-01 | ||
| Hunter Hunt | corporate director | 2012-01 | ||
| Javier Iruegas | corporate director | 2025-01 | ||
| Jeffrey Mincher | corporate officer | 2022-06 | ||
| Jennifer Schroeder | corporate officer | 2025-01 | ||
| John Mitchell | corporate officer | 2019-01 | ||
| John Whitely | corporate officer | 2019-01 | ||
| Jon Scheele | corporate officer | 2025-01 | ||
| Joseph Sudomir | corporate officer | 2025-01 | ||
| Joshua Floren | corporate officer | 2023-01 | ||
| Kara Klement | corporate officer | 2025-08 | ||
| Kathleen Cox | corporate officer | 2019-01 | ||
| Kenneth Bernstein | corporate director | 2023-01 | ||
| Kenneth Kramer | corporate officer | 2015-11 |
Showing 25 of 43. Full list via /api/targets/450462.
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 |