North Austin Medical Center
dba St. David's North Austin Medical Center ·
Austin, Travis County, TX
· CCN 450809
Licensed to St Davids Healthcare Partnership Lp Llp
Composite
15.8
rank score
Distress
23
FY2024
Fit
73
vs thesis
Estimated ticket
$230M–$918M
459 beds ·
over envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- margin slipping
- 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
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $669M |
| Operating margin | 30.0% |
| Total margin | 30.3% |
| Days cash on hand | 0 |
| Current ratio | 3.81 |
| Occupancy | 77% |
Facility
| Beds | 459 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 396 | $541M | $168M | 32.1% | 31.4% | 0 | 3.01 | 85% | 23,289 | 22 |
| 2022 | 416 | $601M | $186M | 30.5% | 30.8% | 0 | 3.23 | 86% | 25,901 | 22 |
| 2023 | 418 | $616M | $165M | 26.0% | 26.6% | 0 | 3.02 | 82% | 24,858 | 22 |
| 2024 | 459 | $669M | $203M | 30.0% | 30.3% | 0 | 3.81 | 77% | 27,439 | 23 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Frisco Holding Ii | 5% or greater indirect ownership interest | 16 | 2026-02 | |
| Hercules Holding Ii | 5% or greater direct ownership interest | 14 | 2006-11 | |
| Col-Namc Holdings Inc | 5% or greater direct ownership interest | 2005-08 | ||
| Col-Namc Holdings Inc | general partnership interest | 2005-08 | ||
| Columbia-Sdh Holdings Inc | 5% or greater direct ownership interest | 2005-07 | ||
| Columbia-Sdh Holdings Inc | general partnership interest | 2005-08 | ||
| Eric Smith | contracted managing employee | 2021-03 | ||
| Galen Holdco Llc | 5% or greater direct ownership interest | 2007-03 | ||
| Galtex Llc | 5% or greater direct ownership interest | 2005-07 | ||
| Hca Health Services Of Texas Inc | 5% or greater direct ownership interest | 2005-07 | ||
| Hca Healthcare Inc | 5% or greater direct ownership interest | 2011-08 | ||
| Hca Inc | 5% or greater direct ownership interest | 2005-07 | ||
| Hca Squared Llc | 5% or greater direct ownership interest | 2011-10 | ||
| Healthserv Acquisition Llc | 5% or greater direct ownership interest | 2005-07 | ||
| Healthtrust Inc - The Hospital Company | 5% or greater direct ownership interest | 2005-07 | ||
| Hospital Corp Llc | 5% or greater direct ownership interest | 2005-07 | ||
| Jeremy Barclay | corporate officer | 2024-06 | ||
| Jeremy Barclay | w-2 managing employee | 2024-06 | ||
| Joseph Deleon | corporate officer | 2025-01 | ||
| Joseph Deleon | w-2 managing employee | 2025-01 | ||
| Medical City Dallas Hospital Inc | 5% or greater direct ownership interest | 2005-07 | ||
| Notco, Llc | 5% or greater direct ownership interest | 2005-07 | ||
| Round Rock Hospital Inc | 5% or greater direct ownership interest | 2005-07 | ||
| Round Rock Hospital Inc | general partnership interest | 2005-08 | ||
| Round Rock Hospital Inc | operational/managerial control | 2005-07 |
Showing 25 of 28. Full list via /api/targets/450809.
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 |