Methodist Charlton Medical Center
Dallas, Dallas County, TX
· CCN 450723
Licensed to Methodist Hospitals Of Dallas
Composite
65.0
rank score
Distress
69
FY2024
Fit
85
vs thesis
Estimated ticket
$121M–$483M
284 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin negative
- under 30 days cash on hand
- current ratio below 0.8
- margin deteriorating sharply
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size at the top of the envelope — would need leverage
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $331M |
| Operating margin | -5.7% |
| Total margin | -3.0% |
| Days cash on hand | 0 |
| Current ratio | -10.32 |
| Occupancy | 69% |
Facility
| Beds | 284 |
| 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 | 277 | $286M | $12.4M | -3.6% | 4.0% | 0 | 2.05 | 79% | 13,452 | 38 |
| 2022 | 277 | $305M | $5.6M | -3.0% | 1.7% | 0 | 1.15 | 80% | 20,920 | 49 |
| 2023 | 291 | $294M | $-21.6M | -10.6% | -7.2% | 0 | -3.44 | 65% | 13,189 | 76 |
| 2024 | 284 | $331M | $-10.1M | -5.7% | -3.0% | 0 | -10.32 | 69% | 13,135 | 69 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alan Walne | corporate director | 2023-03 | ||
| Amy Bodwell | w-2 managing employee | 2011-08 | ||
| Bernard Difiore | corporate director | 2016-03 | ||
| Brenda Jackson | corporate director | 2014-09 | ||
| Carol Norton | corporate director | 2023-03 | ||
| Craig Bjerke | corporate officer | 2018-10 | ||
| Craig Bjerke | w-2 managing employee | 2016-10 | ||
| David Mcatee | corporate director | 2013-03 | ||
| Delia Jasso | corporate director | 2023-03 | ||
| Duncan Fulton | corporate director | 2010-04 | ||
| Gerald Bright | corporate director | 2018-03 | ||
| James Norris | corporate director | 2021-03 | ||
| James Scoggin | corporate officer | 2019-04 | ||
| James Scoggin | corporate director | 2019-04 | ||
| James Scoggin | w-2 managing employee | 2019-04 | ||
| John Candey | corporate director | 2009-01 | ||
| John Faubion | corporate director | 2016-11 | ||
| John Oliphint | corporate director | 2021-03 | ||
| John Willis | corporate director | 2022-11 | ||
| Joseph Fortson | corporate director | 1982-10 | ||
| Julie Yarbrough | corporate director | 2009-06 | ||
| Keith Boone | corporate director | 2016-11 | ||
| Kenneth Govan | corporate director | 2021-03 | ||
| Larry Mckee | corporate director | 2017-06 | ||
| Levi Davis | corporate director | 2002-01 |
Showing 25 of 38. Full list via /api/targets/450723.
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 |