Memorial Hermann Sugarland
dba Memorial Hermann Sugar Land Hospital ·
Sugarland, Fort Bend County, TX
· CCN 450848
Licensed to Memorial Hermann Health System
Composite
54.3
rank score
Distress
38
FY2023
Fit
93
vs thesis
Estimated ticket
$87.5M–$350M
175 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- margin deteriorating
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $318M |
| Operating margin | 11.2% |
| Total margin | 12.8% |
| Days cash on hand | 0 |
| Current ratio | -0.67 |
| Occupancy | 71% |
Facility
| Beds | 175 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| 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 | 205 | $232M | $38.3M | 12.8% | 16.0% | 1 | -0.27 | 50% | 12,239 | 38 |
| 2021 | 175 | $288M | $59.0M | 17.4% | 19.9% | 0 | -0.21 | 66% | 12,236 | 36 |
| 2022 | 205 | $298M | $40.6M | 11.4% | 13.3% | 0 | -1.90 | 56% | 12,353 | 38 |
| 2023 | 175 | $318M | $41.6M | 11.2% | 12.8% | 0 | -0.67 | 71% | 13,440 | 38 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Memorial Hermann Health System | operational/managerial control | 100 | 2013-01 | |
| Anthony Frank | corporate officer | 2014-01 | ||
| Anthony Frank | w-2 managing employee | 2014-01 | ||
| Brian Dean | corporate officer | 2018-08 | ||
| Brian Dean | w-2 managing employee | 2018-08 | ||
| Charmaine Ferguson | w-2 managing employee | 2018-08 | ||
| Clarence Cazalot | corporate director | 2014-01 | ||
| David Callender | corporate officer | 2019-09 | ||
| David Callender | w-2 managing employee | 2019-09 | ||
| David Graham | corporate director | 2013-01 | ||
| Deborah Cannon | corporate director | 2012-01 | ||
| Donald Woo | other | 2020-01 | ||
| Erin Asprec | w-2 managing employee | 2017-02 | ||
| Gasper Mir | corporate director | 2013-01 | ||
| Gregory Haralson | w-2 managing employee | 2012-07 | ||
| James Montague | corporate director | 2015-01 | ||
| Jason Few | corporate director | 2013-01 | ||
| Jay Schneider | other | 2020-01 | ||
| John Giglio | corporate director | 2013-01 | ||
| John Graf | other | 2020-01 | ||
| Max Reynolds | corporate officer | 2025-06 | ||
| Melinda Perrin | corporate director | 2013-01 | ||
| Memorial Hermann Health System | 5% or greater direct ownership interest | 2013-01 | ||
| Myron Shabot | corporate officer | 2012-01 | ||
| Myron Shabot | w-2 managing employee | 2012-01 |
Showing 25 of 35. Full list via /api/targets/450848.
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 |