dealflow
envelope $200M

← Targets

Centennial Medical Center

Frisco, Collin County, TX · CCN 450885
Licensed to Baylor Scott & White Medical Center - Centennial

Composite
44.7
rank score
Distress
22
FY2024
Fit
87
vs thesis
Estimated ticket
$59.0M–$236M
118 beds · within envelope
Ownership
nonprofit
ORD

Why it ranks here

  • under 30 days cash on hand
  • occupancy 45-60%
  • TX: favorable regulatory climate
  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$147M
Operating margin 15.8%
Total margin 19.2%
Days cash on hand 0
Current ratio 2.95
Occupancy54%

Facility

Beds118
Facility typeORD
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 118 $88.3M $3.5M -2.3% 3.7% 0 1.26 40% 4,142 47
2022 118 $112M $18.3M 4.9% 14.6% 0 1.99 45% 3,908 28
2023 118 $127M $13.0M 9.6% 10.1% 0 3.20 51% 4,596 24
2024 118 $147M $28.8M 15.8% 19.2% 0 2.95 54% 4,793 22

Owners

OwnerRole%SinceType
Amy Wilson corporate director 2023-03
April Barbee-Baker other 2024-02
Baylor Health Care System
Dallas, TX
operational/managerial control 2018-03
Baylor Scott & White Health
Temple, TX
operational/managerial control 2018-03
Baylor Scott & White Medical Center - Centennial
Frisco, TX
operational/managerial control 2018-03
Brenda Helms other 2024-02
Christin Timmons other 2024-02
Cody Sedlacek other 2024-02
Dawn Snyder other 2024-02
Eric Beshires other 2024-02
Harry Dugger corporate director 2019-07
Heather Carlisle other 2024-02
Jeff Schmeltekopf corporate director 2018-03
Justin Meier other 2023-02
Leslie Wiebe other 2024-02
Lisa Hultz corporate director 2022-07
Marissa Hernandez corporate director 2021-03
Meagan James other 2024-02
Michelle Stukey other 2024-02
Nolan Rich w-2 managing employee 2026-05
Nolan Rich operational/managerial control 2026-05
Pamela Linton corporate director 2024-07
Paul Meggs other 2024-02
Rachel Vannoy other 2024-02
Rodrick Robinson corporate director 2020-10

Showing 25 of 29. Full list via /api/targets/450885.

Ownership changes

DateTypeBuyerSeller
2018-03-01 change of ownership Baylor Scott & White Medical... Tenet Frisco, Ltd.

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
2018-03-01 Baylor Scott & White Medical... Tenet Frisco, Ltd. Centennial Medical Center 118