Baylor Heart And Vascular Hospital
dba Baylor Scott & White The Heart Hospital - Dallas ·
Dallas, Dallas County, TX
· CCN 450851
Licensed to Texas Heart Hospital Of The Southwest Llc
Already transacted. CMS recorded an ownership change effective
2025-02-01. Confirm the current owner before spending a call on this.
Composite
15.3
rank score
Distress
14
FY2024
Fit
89
vs thesis
Estimated ticket
$28.0M–$112M
56 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- 60-90 days cash on hand
- occupancy 45-60%
- margin slipping
- part of a multi-hospital chain — divestiture candidate
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size somewhat below the envelope
- moderate occupancy
- for-profit — no charitable conversion review
- changed ownership 2025-02-01 — likely already transacted
Latest financials · FY2024
| Net patient revenue | $284M |
| Operating margin | 30.5% |
| Total margin | 31.3% |
| Days cash on hand | 80 |
| Current ratio | 3.32 |
| Occupancy | 51% |
Facility
| Beds | 56 |
| 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 | 53 | $220M | $74.7M | 32.1% | 33.2% | 186 | 2.93 | 49% | 2,550 | 2 |
| 2022 | 53 | $242M | $81.2M | 32.5% | 33.1% | 81 | 4.65 | 51% | 2,623 | 12 |
| 2023 | 53 | $255M | $80.4M | 30.0% | 30.9% | 59 | 3.84 | 51% | 2,813 | 19 |
| 2024 | 56 | $284M | $90.6M | 30.5% | 31.3% | 80 | 3.32 | 51% | 2,820 | 14 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Baylor Regional Medical Center At Plano | 5% or greater direct ownership interest | 51 | 2025-02 | |
| Adam Shapira | corporate director | 2025-02 | ||
| Baylor Health Care System | operational/managerial control | 2025-02 | ||
| Baylor Scott & White Health | operational/managerial control | 2025-02 | chain | |
| George Mccleskey | corporate director | 2025-02 | ||
| John Meindl | corporate director | 2025-02 | ||
| John Pierce | corporate director | 2025-02 | ||
| Kyle Armstrong | corporate director | 2025-02 | ||
| Mark Valentine | w-2 managing employee | 2025-02 | ||
| Michael Sanborn | corporate director | 2025-02 | ||
| Molly Szerlip | corporate director | 2025-02 | ||
| Robert Smith | corporate director | 2025-02 | ||
| Robert Smith | w-2 managing employee | 2025-05 | ||
| Robert Smith | operational/managerial control | 2025-05 | ||
| Robert Stoler | corporate director | 2025-02 | ||
| Robin Watson | corporate director | 2025-02 | ||
| Rohit Parmar | corporate director | 2025-02 | ||
| Sarah Gahm | corporate director | 2025-02 | ||
| Srinivasa Potluri | corporate director | 2025-02 | ||
| Steven Newton | corporate director | 2025-02 | ||
| Texas Heart Hospital Of The Southwest Llc | operational/managerial control | 2025-02 | ||
| Trent Pettijohn | corporate director | 2025-02 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2025-02-01 | acquisition/merger | Texas Heart Hospital Of The... | Baylor Heart & Vascular Center Llp |
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 |