Medical City Denton
Denton, Denton County, TX
· CCN 450634
Licensed to Columbia Medical Center Of Denton Subsidiary, L.p.
Already transacted. CMS recorded an ownership change effective
2024-06-01. Confirm the current owner before spending a call on this.
Composite
15.6
rank score
Distress
20
FY2023
Fit
89
vs thesis
Estimated ticket
$92.0M–$368M
184 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size at the top of the envelope — would need leverage
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
- changed ownership 2024-06-01 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $297M |
| Operating margin | 26.8% |
| Total margin | 26.9% |
| Days cash on hand | 0 |
| Current ratio | 2.68 |
| Occupancy | 83% |
Facility
| Beds | 184 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| 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 | 195 | $205M | $34.0M | 16.2% | 16.5% | 0 | 2.14 | 64% | 9,417 | 22 |
| 2021 | 195 | $234M | $50.2M | 21.3% | 21.4% | 0 | 2.51 | 72% | 10,051 | 22 |
| 2022 | 195 | $253M | $59.5M | 23.3% | 23.4% | 0 | 2.40 | 72% | 10,734 | 22 |
| 2023 | 184 | $297M | $79.9M | 26.8% | 26.9% | 0 | 2.68 | 83% | 11,906 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ana Hedari | w-2 managing employee | 100 | 2025-11 | |
| Columbia-Sdh Holdings Inc | 5% or greater indirect ownership interest | 100 | 2007-05 | |
| Hca Healthcare Inc | 5% or greater indirect ownership interest | 100 | 2011-08 | |
| Columbia North Texas Healthcare System Lp | limited partnership interest | 100 | 2011-08 | |
| Columbia North Texas Healthcare System Lp | 5% or greater indirect ownership interest | 0 | 2007-05 | |
| Ana Hedari | corporate officer | 2025-11 | ||
| Columbia North Texas Subsidiary Gp Llc | 5% or greater direct ownership interest | 2022-03 | ||
| Columbia North Texas Subsidiary Gp Llc | operational/managerial control | 2007-05 | ||
| Eric Smith | contracted managing employee | 2021-03 | ||
| Steven Edgar | corporate director | 2016-07 | ||
| Steven Edgar | w-2 managing employee | 2016-07 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2024-06-01 | acquisition/merger | Columbia Medical Center Of... | Decatur Health Services Llc |
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 |