Sweeny Community Hospital
Sweeny, Brazoria County, TX
· CCN 451311
Licensed to Sweeny Hospital District
Composite
32.8
rank score
Distress
24
FY2023
Fit
55
vs thesis
Estimated ticket
$1.0M–$2.0M
12 beds ·
within envelope
Ownership
government
CAH
Why it ranks here
- current ratio below 0.8
- liabilities exceed assets
- occupancy 45-60%
- TX: favorable regulatory climate
- rural — cheaper but limited density
- very small facility
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $17.9M |
| Operating margin | 3.5% |
| Total margin | 9.7% |
| Days cash on hand | 471 |
| Current ratio | -16.09 |
| Occupancy | 49% |
Facility
| Beds | 12 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 14 | $10.1M | $-1.6M | -45.2% | -12.5% | 741 | -2.33 | 17% | 168 | 67 |
| 2021 | 14 | $12.0M | $-191K | -42.1% | -1.1% | 654 | -9.56 | 19% | 207 | 58 |
| 2022 | 14 | $15.2M | $-160K | -2.4% | -1.0% | 906 | -7.52 | 41% | 161 | 42 |
| 2023 | 12 | $17.9M | $1.9M | 3.5% | 9.7% | 471 | -16.09 | 49% | 165 | 24 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Kelly Park | corporate director | 100 | 2019-08 | |
| Kelly Park | w-2 managing employee | 100 | 2019-08 | |
| Sweeny Hospital District | operational/managerial control | 1968-03 |
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 |
|---|---|---|---|---|
| 2024-03-01 | Muleshoe Area Hospital District | Preferred Hospital Leasing Muleshoe Inc | Muleshoe Area Medical Center | 25 |
| 2023-07-01 | Pecos County Memorial Hospital District | Pecos County Memorial Hospital | Pecos County Memorial Hospital | 25 |
| 2021-10-01 | Preferred Hospital Leasing Shamrock Inc | South Wheeler County Hospital District | Shamrock General Hospital | 25 |
| 2019-07-01 | Bosque County Hospital District | Goodall-Witcher Hospital Authority | Goodall-Witcher Hospital Authority | 25 |
| 2017-10-01 | Winkler County Hospital District | County Of Winkler | Memorial Hospital | 16 |