Memorial Hermann Memorial City Medic
dba Memorial Hermann Memorial City Medical Center ·
Housston, Harris County, TX
· CCN 450610
Licensed to Memorial Hermann Health System
Composite
52.2
rank score
Distress
51
FY2024
Fit
73
vs thesis
Estimated ticket
$189M–$755M
444 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin under 2%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- margin slipping
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- very large — likely out of range
- ticket size well above the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $704M |
| Operating margin | 2.0% |
| Total margin | 2.9% |
| Days cash on hand | 0 |
| Current ratio | -5.80 |
| Occupancy | 64% |
Facility
| Beds | 444 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 | 444 | $550M | $21.7M | -0.1% | 3.7% | 0 | -0.40 | 60% | 22,920 | 61 |
| 2022 | 444 | $574M | $4.8M | -1.8% | 0.8% | 0 | 1.66 | 59% | 22,481 | 54 |
| 2023 | 444 | $661M | $20.3M | 2.2% | 3.0% | 0 | 5.37 | — | 23,687 | 37 |
| 2024 | 444 | $704M | $20.9M | 2.0% | 2.9% | 0 | -5.80 | 64% | 24,541 | 51 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Memorial Hermann Health System | 5% or greater direct ownership interest | 100 | 2010-01 | |
| Memorial Hermann Health System | operational/managerial control | 100 | 2013-01 | |
| Aileen Mccormick | other | 2025-01 | ||
| Alan Ytterberg | corporate director | 2022-02 | ||
| Alec King | corporate officer | 2025-01 | ||
| Alejandra Loessin | corporate officer | 2025-01 | ||
| Anne Clutterbuck | other | 2025-01 | ||
| Anne Taylor | corporate director | 2022-02 | ||
| Caralisa Simon | other | 2025-01 | ||
| Charmaine Ferguson | w-2 managing employee | 2018-08 | ||
| Christophe Salcedo | corporate director | 2022-02 | ||
| David Callender | corporate officer | 2019-09 | ||
| David Callender | w-2 managing employee | 2019-09 | ||
| David Habachy | other | 2025-01 | ||
| Donald Woo | other | 2020-01 | ||
| Edward Adams | corporate director | 2022-02 | ||
| Gary Sheppard | corporate director | 2022-02 | ||
| Greg Armstrong | corporate director | 2022-02 | ||
| Harry Pefanis | other | 2025-01 | ||
| Ira Flax | other | 2025-01 | ||
| Jarvis Hollingsworth | corporate director | 2022-02 | ||
| Jay Schneider | other | 2020-01 | ||
| John Esquivel | corporate director | 2022-02 | ||
| John Graf | other | 2020-01 | ||
| Kevin Brady | other | 2025-01 |
Showing 25 of 35. Full list via /api/targets/450610.
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 |