dealflow
envelope $200M

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Usmd Hospital Of Arlington

Arlington, Tarrant County, TX · CCN 450872
Licensed to Usmd Hospital At Arlington, Llc

Composite
55.2
rank score
Distress
57
FY2023
Fit
74
vs thesis
Estimated ticket
$14.4M–$57.8M
34 beds · within envelope
Ownership
for-profit
STH

Why it ranks here

  • operating margin below -10%
  • total margin under 2%
  • 30-60 days cash on hand
  • occupancy below 30%
  • margin deteriorating
  • TX: favorable regulatory climate
  • urban — higher occupancy and iteration surface
  • small but workable bed count
  • small ticket — deploys little of the available capital
  • very low occupancy — limited volume to learn from
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$63.1M
Operating margin -12.9%
Total margin 1.5%
Days cash on hand 47
Current ratio 2.37
Occupancy10%

Facility

Beds34
Facility typeSTH
Settingurban
Ownership classfor-profit
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 34 $56.3M $3.2M -5.6% 5.0% 101 2.80 22% 791 36
2021 34 $64.0M $5.1M -6.9% 6.9% 109 3.49 27% 888 36
2022 34 $54.6M $-6.2M -22.8% -10.1% 60 2.14 15% 639 63
2023 34 $63.1M $1.1M -12.9% 1.5% 47 2.37 10% 494 57

Owners

OwnerRole%SinceType
Texas Health Resources
Arlington, TX
5% or greater direct ownership interest 51 2010-03
Texas Health Resources
Arlington, TX
limited partnership interest 51 2010-03
Usmd Hospital Ventures, L.l.c.
Fort Worth, TX
5% or greater direct ownership interest 47 2023-12
Usmd Hospital Ventures, L.l.c.
Fort Worth, TX
operational/managerial control 47 2023-12
Us Specialists Management Llc
Dallas, TX
general partnership interest 1 2023-12
Us Specialists Management Llc
Dallas, TX
operational/managerial control 1 2023-12
Joseph Minissale corporate officer 2025-11
Michael Collini corporate director 2023-12
Tonya Smith w-2 managing employee 2016-09

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.

DateBuyerSellerHospitalBeds
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