Northwest Hills Surgical Hospital
Austin, Travis County, TX
· CCN 450808
Licensed to Austin Center For Outpatient Surgery, L.p.
Composite
63.9
rank score
Distress
86
FY2023
Fit
63
vs thesis
Estimated ticket
$2.8M–$11.2M
8 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current liabilities exceed current assets
- liabilities exceed assets
- occupancy below 30%
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $32.9M |
| Operating margin | -12.1% |
| Total margin | -12.0% |
| Days cash on hand | 0 |
| Current ratio | 0.86 |
| Occupancy | 20% |
Facility
| Beds | 8 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 8 | $26.3M | $-4.3M | -18.9% | -16.0% | 0 | 0.61 | 22% | 466 | 100 |
| 2021 | 8 | $25.1M | $-4.5M | -17.8% | -17.7% | 0 | 1.30 | 20% | 367 | 90 |
| 2022 | 8 | $33.2M | $-2.5M | -8.3% | -7.3% | 0 | 0.98 | 21% | 445 | 86 |
| 2023 | 8 | $32.9M | $-4.0M | -12.1% | -12.0% | 0 | 0.86 | 20% | 440 | 86 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Ascension Seton | 5% or greater indirect ownership interest | 51 | 2020-07 | |
| Sca Holdco, Inc. | 5% or greater indirect ownership interest | 30 | 2018-01 | |
| Thomas Loftus | limited partnership interest | 8 | 2020-07 | |
| Jason Toy | limited partnership interest | 6 | 2020-07 | |
| Shc Austin, Inc. | 5% or greater direct ownership interest | 5 | 2020-07 | |
| Joshua Fox | limited partnership interest | 3 | 2020-07 | |
| Matthew Burrus | limited partnership interest | 3 | 2020-07 | |
| Darryl Thomas | limited partnership interest | 1 | 2014-04 | |
| Steven Holzman | limited partnership interest | 1 | 2007-02 | |
| Vikas Godhania | limited partnership interest | 1 | 2020-07 | |
| Ascension Health | 5% or greater indirect ownership interest | 2020-07 | ||
| Collaborative Care Holdings Llc | 5% or greater indirect ownership interest | 2017-03 | ||
| Cullen Scott | contracted managing employee | 2005-07 | ||
| Cullen Scott | corporate officer | 2017-03 | ||
| David Mosier | limited partnership interest | 2020-07 | ||
| Jordan Jones | corporate director | 2017-04 | ||
| Nicholas Fees | corporate director | 2017-04 | ||
| Optum Inc | 5% or greater indirect ownership interest | 2017-03 | ||
| Optumhealth Holdings Llc | 5% or greater indirect ownership interest | 2017-03 | ||
| Scai Holdings Llc | 5% or greater indirect ownership interest | 2017-03 | ||
| Surgical Care Affiliates Llc | 5% or greater indirect ownership interest | 2007-02 | ||
| Surgical Care Affiliates Llc | operational/managerial control | 2007-07 | ||
| Surgical Health Llc | 5% or greater indirect ownership interest | 2007-02 | ||
| United Healthcare Services Inc | 5% or greater indirect ownership interest | 2017-03 | ||
| Unitedhealth Group Incorporated | 5% or greater indirect ownership interest | 2017-03 |
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 |