dealflow
envelope $200M

← Targets

Methodist Mansfield Medical Center

Mansfield, Tarrant County, TX · CCN 670023
Licensed to Methodist Hospitals Of Dallas

Composite
52.8
rank score
Distress
42
FY2024
Fit
80
vs thesis
Estimated ticket
$147M–$588M
294 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • under 30 days cash on hand
  • current ratio below 0.8
  • margin deteriorating sharply
  • part of a multi-hospital chain — divestiture candidate
  • TX: favorable regulatory climate
  • urban — higher occupancy and iteration surface
  • large — ticket likely stretches the envelope
  • ticket size well above the envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$368M
Operating margin 14.7%
Total margin 15.4%
Days cash on hand 0
Current ratio -9.48
Occupancy60%

Facility

Beds294
Facility typeSTH
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 262 $317M $77.2M 21.6% 23.7% 0 1.93 69% 13,840 22
2022 262 $339M $78.8M 21.6% 22.8% 0 -0.04 67% 15,805 36
2023 262 $347M $65.4M 18.1% 18.7% 0 -2.51 65% 13,822 36
2024 294 $368M $56.7M 14.7% 15.4% 0 -9.48 60% 14,013 42

Owners

OwnerRole%SinceType
Alan Walne corporate director 2023-03
Amy Bodwell corporate director 2011-08
Armin Mizani corporate director 2023-02
Bernard Difiore corporate director 2016-03
Brenda Jackson corporate director 2004-09
Carol Norton corporate director 2023-03
Craig Bjerke corporate officer 2018-10
Craig Bjerke w-2 managing employee 2016-10
Daniel Johnson corporate director 2024-03
David Mcatee corporate director 2013-03
Delia Jasso corporate director 2023-03
Donald Williams corporate director 2023-07
Duncan Fulton corporate director 2010-04
Gerald Bright corporate director 2018-03
James Scoggin corporate officer 2019-04
James Scoggin corporate director 2019-04
James Scoggin w-2 managing employee 2019-04
Jamie Wickliffe corporate director 2024-03
John Candey corporate director 2009-01
John Faubion corporate director 2016-11
John Oliphint corporate director 2021-03
Joseph Fortson corporate director 2006-10
Juan Fresquez w-2 managing employee 2019-02
Julie Yarbrough corporate director 2009-06
Keith Boone corporate director 2016-11

Showing 25 of 43. Full list via /api/targets/670023.

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.

DateBuyerSellerHospitalBeds
2025-02-01 Texas Heart Hospital Of The Southwest Llc Baylor Heart & Vascular Center Llp Baylor Heart And Vascular Hospital 56
2024-10-30 Hsa Port Arthur, Llc The Medical Center Of Southeast Texas Lp The Medical Ctr Of Southeast Texas 196
2024-10-30 Hsa St. Joseph, Llc Sj Medical Center Llc St Joseph Medical Center 156
2024-10-17 Big Spring Texas Hospital Company Llc Steward Texas Hospital Holdings Llc Scenic Mountain Medical Center 75
2024-10-17 Odessa Texas Hospital Company Llc Odessa Regional Hospital Lp Odessa Regional Hospital 208
2024-06-01 Columbia Medical Center Of Denton... Decatur Health Services Llc Medical City Denton 184
2024-03-11 Nacogdoches County Hospital District Lion Star Nacogdoches Hospital, Llc Nacogdoches Memorial Hosp 160
2024-01-01 Ahs Sherman Llc Sherman Grayson Hospital Llc Wilson N Jones Regional Medical Ctr 214
2023-04-01 Methodist Healthcare System Of San... Hill Country Memorial Hospital Hill Country Memorial Hospital 57
2021-06-01 Methodist Hospitals Of Dallas Metsl, Llc Methodist Southlake Medical Center 22
2020-10-27 Hendrick Medical Center Armc Lp Hendrick Medical Center 533
2020-10-27 Hendrick Medical Center Brownwood Brownwood Hospital Lp Hendrick Medical Center Brownwood 63
2020-07-01 St Joseph Regional Health Center St Joseph Regional Health Center St. Joseph Regional Health Center 284
2020-04-01 Christus Santa Rosa Health Care Corporation Adventist Health System/sunbelt, Inc. Christus Santa Rosa - San Marcos 105
2020-03-01 Sana Healthcare Carrollton Baylor Medical Center At Carrollton Carrollton Regional Medical Center 89