Memorial Hermann Tirr
dba Tirr Memorial Hermann ·
Houston, Harris County, TX
· CCN 453025
Licensed to Memorial Hermann Health System
Composite
55.0
rank score
Distress
36
FY2023
Fit
97
vs thesis
Estimated ticket
$43.5M–$174M
134 beds ·
within envelope
Ownership
nonprofit
RH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- debt above 70% of assets
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $172M |
| Operating margin | 4.4% |
| Total margin | 7.8% |
| Days cash on hand | 0 |
| Current ratio | 0.10 |
| Occupancy | 76% |
Facility
| Beds | 134 |
| Facility type | RH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $325K |
| Per-bed (high) | $1.3M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 134 | $130M | $9.6M | -0.8% | 6.9% | 0 | -1.58 | 71% | 1,440 | 51 |
| 2021 | 134 | $149M | $15.5M | 3.9% | 9.7% | 0 | -0.79 | 81% | 1,647 | 36 |
| 2022 | 134 | $157M | $13.2M | 1.8% | 7.9% | 0 | -15.62 | 75% | 1,563 | 42 |
| 2023 | 134 | $172M | $14.0M | 4.4% | 7.8% | 0 | 0.10 | 76% | 1,643 | 36 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Memorial Hermann Health System | 5% or greater direct ownership interest | 100 | 2013-01 | |
| Memorial Hermann Health System | operational/managerial control | 100 | 2013-01 | |
| Brian Dean | corporate officer | 2018-08 | ||
| Brian Dean | w-2 managing employee | 2018-08 | ||
| Charmaine Ferguson | w-2 managing employee | 2018-08 | ||
| Clarence Cazalot | corporate director | 2014-01 | ||
| David Callender | corporate officer | 2025-01 | ||
| David Graham | corporate director | 2013-01 | ||
| Deborah Cannon | corporate director | 2013-01 | ||
| Erin Asprec | w-2 managing employee | 2018-08 | ||
| Gasper Mir | corporate director | 2013-01 | ||
| Ira Flax | corporate director | 2018-08 | ||
| James Montague | corporate director | 2015-01 | ||
| Jason Few | corporate director | 2013-01 | ||
| Jerry Ashworth | w-2 managing employee | 2018-01 | ||
| Jerry Ashworth | operational/managerial control | 2018-01 | ||
| John Giglio | corporate director | 2013-01 | ||
| Max Reynolds | corporate officer | 2025-05 | ||
| Melinda Perrin | corporate director | 2013-01 | ||
| Myron Shabot | corporate officer | 2013-01 | ||
| Myron Shabot | w-2 managing employee | 2013-01 | ||
| Peter Huntsman | corporate director | 2016-01 | ||
| Roland Garcia | corporate director | 2014-01 | ||
| Scott Mcclelland | corporate director | 2014-01 | ||
| Scott Mclean | corporate director | 2013-01 |
Showing 25 of 30. Full list via /api/targets/453025.
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 |
|---|---|---|---|---|
| 2023-03-01 | Crh Of Temple Llc | Everest Rehabilitation Hospital Temple Llc | Temple Rehabilitation Hospital | 36 |
| 2023-03-01 | Crh Of Longview Llc | Everest Rehabilitation Hospital... | Longview Rehabilitation Hospital | 36 |
| 2021-12-30 | Pam Health Rehabilitation Hospital... | Apollo Rehab Hospital Llc | Pam Health Rehab Hosp Of Sugar Land | 41 |
| 2019-08-01 | Clear Lake Institute For Rehabilitation Llc | Clear Lake Rehabilitation Hospital, Llc | Bay Area Rehab Hospital | 151 |
| 2019-08-01 | Clear Lake Institute For Rehabilitation Llc | Triumph Rehabilitation Hospital Of... | Bay Area Rehab Hospital | 151 |
| 2016-06-01 | Pam Squared At Beaumont Llc | Healthsouth Rehabilitation... | Pam Squared At Beaumont | 61 |