The Heart Hospital Baylor Denton
dba Baylor Scott & White The Heart Hospital - Denton ·
Denton, TX
· CCN 450893
Licensed to Thhbp Management Company Llc
Composite
30.1
rank score
Distress
2
FY2023
Fit
73
vs thesis
Estimated ticket
$11.0M–$44.0M
22 beds ·
within envelope
Ownership
for-profit
ORD
Why it ranks here
- occupancy 45-60%
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- very small facility
- small ticket — deploys little of the available capital
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $92.8M |
| Operating margin | 33.6% |
| Total margin | 33.7% |
| Days cash on hand | 254 |
| Current ratio | 4.13 |
| Occupancy | 55% |
Facility
| Beds | 22 |
| Facility type | ORD |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 22 | $56.6M | $14.3M | 23.1% | 24.7% | 107 | 1.23 | 37% | 695 | 13 |
| 2021 | 22 | $72.9M | $29.0M | 35.1% | 37.8% | 39 | 1.47 | 49% | 876 | 22 |
| 2022 | 22 | $79.5M | $22.8M | 28.2% | 28.4% | 72 | 1.56 | 54% | 986 | 12 |
| 2023 | 22 | $92.8M | $31.5M | 33.6% | 33.7% | 254 | 4.13 | 55% | 1,093 | 2 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Baylor Regional Medical Center At Plano | 5% or greater indirect ownership interest | 50 | 2017-06 | |
| Aasim Afzal | general partnership interest | 2021-09 | ||
| Abdul Basit | general partnership interest | 2024-01 | ||
| Abraham Jacob | general partnership interest | 2007-06 | ||
| Adam Shapira | general partnership interest | 2008-09 | ||
| Adam Shapira | corporate director | 2018-10 | ||
| Ahad Hassan | general partnership interest | 2024-01 | ||
| Akash Rusia | general partnership interest | 2024-01 | ||
| Ali Kizilbash | general partnership interest | 2024-10 | ||
| Ali Mithani | general partnership interest | 2018-05 | ||
| Ali Yousif | general partnership interest | 2021-09 | ||
| Ambarish Gopal | general partnership interest | 2012-07 | ||
| Amena Hussain | general partnership interest | 2015-12 | ||
| Amit Manhas | general partnership interest | 2021-09 | ||
| Amro Alsaid | general partnership interest | 2024-01 | ||
| Amyn Malik | general partnership interest | 2024-01 | ||
| Anandita Kulkarni | general partnership interest | 2021-09 | ||
| Andrew Binder | general partnership interest | 2021-09 | ||
| Andrew Nguyen | general partnership interest | 2024-01 | ||
| Arash Shirvani | general partnership interest | 2021-09 | ||
| Arjun Nair | general partnership interest | 2021-09 | ||
| Azizul Rehman | general partnership interest | 2024-01 | ||
| Balaji Veerappan | general partnership interest | 2024-01 | ||
| Baylor Health Care System | operational/managerial control | 2013-05 | ||
| Baylor Scott & White Health | operational/managerial control | 2014-03 |
Showing 25 of 232. Full list via /api/targets/450893.
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 |
|---|---|---|---|---|
| 2018-03-01 | Baylor Scott & White Medical... | Tenet Frisco, Ltd. | Centennial Medical Center | 118 |