Texas Childrens Hospital
Houston, Harris County, TX
· CCN 453304
Licensed to Texas Childrens Hospital
Composite
19.6
rank score
Distress
45
FY2023
Fit
72
vs thesis
Estimated ticket
$543M–$2.2B
905 beds ·
over envelope
Ownership
nonprofit
CH
Why it ranks here
- operating margin below -10%
- under 30 days cash on hand
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $2.8B |
| Operating margin | -28.0% |
| Total margin | 2.6% |
| Days cash on hand | 2 |
| Current ratio | 2.34 |
| Occupancy | 76% |
Facility
| Beds | 905 |
| Facility type | CH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $600K |
| Per-bed (high) | $2.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 859 | $2.0B | $59.9M | -26.4% | 2.3% | 27 | 2.40 | 72% | 33,732 | 50 |
| 2021 | 861 | $2.2B | $45.1M | -24.9% | 1.6% | 27 | 1.96 | 73% | 34,340 | 53 |
| 2022 | 863 | $2.5B | $-179M | -29.9% | -5.9% | 1 | 1.75 | 79% | 36,460 | 62 |
| 2023 | 905 | $2.8B | $96.5M | -28.0% | 2.6% | 2 | 2.34 | 76% | 36,143 | 45 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Texas Children's | operational/managerial control | 100 | 2011-12 | |
| Afsheen Davis | corporate director | 2025-09 | ||
| Asharaf Virani | corporate director | 2025-09 | ||
| Brandy Hebert | w-2 managing employee | 2019-01 | ||
| Charles Shaper | corporate director | 2025-09 | ||
| Debra Sukin | corporate officer | 2024-10 | ||
| Debra Sukin | corporate director | 2024-10 | ||
| Debra Sukin | operational/managerial control | 2024-10 | ||
| Glen Gonzalez | corporate director | 2025-09 | ||
| Joseph Spinner | other | 2025-07 | ||
| Martha Carnes | corporate director | 2025-09 | ||
| Scott Wulfe | corporate director | 2025-09 | ||
| Suzanne Nimocks | corporate director | 2025-09 | ||
| Tymothi Tombar | corporate director | 2025-09 | ||
| Weldon Gage | corporate officer | 2016-06 | ||
| Weldon Gage | corporate director | 2016-06 |
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 |
|---|---|---|---|---|
| 2023-10-05 | Healthbridge Children's Hospital -... | Nexus Specialty Hospital - The... | Healthbridge Childrens Hospital | 61 |