Aspire Hospital Llc
dba Aspire Behavioral Health Of Conroe Llc ·
Conroe, Montgomery County, TX
· CCN 670093
Licensed to Aspire Hospital Llc
Composite
19.5
rank score
Distress
58
FY2023
Fit
57
vs thesis
Estimated ticket
—–—
— beds ·
over envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- current ratio below 0.8
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $13.9M |
| Operating margin | -3.1% |
| Total margin | -0.4% |
| Days cash on hand | 7 |
| Current ratio | 0.55 |
| Occupancy | — |
Facility
| Beds | — |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | — |
| Per-bed (high) | — |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 6 | $11.5M | $-284K | -14.8% | -2.2% | 119 | 3.76 | — | — | 44 |
| 2021 | 6 | $11.7M | $-511K | -4.4% | -4.4% | 22 | 1.92 | — | — | 55 |
| 2022 | — | $13.6M | $210K | 1.5% | 1.5% | 25 | 1.21 | — | — | 39 |
| 2023 | — | $13.9M | $-51.4K | -3.1% | -0.4% | 7 | 0.55 | — | — | 58 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Dimitrios Mantzoros | 5% or greater direct ownership interest | 12 | 2010-01 | |
| Aspire Hospital Llc | 5% or greater direct ownership interest | 2009-05 | ||
| Cherie Welsh | w-2 managing employee | 2015-03 | ||
| Dimitrios Mantzoros | limited partnership interest | 2025-01 | ||
| Dimitrios Mantzoros | corporate officer | 2025-06 | ||
| Gregory Mckeever | 5% or greater direct ownership interest | 2009-05 | ||
| James Coleman | 5% or greater direct ownership interest | 2009-05 | ||
| John Sparks | 5% or greater direct ownership interest | 2009-05 | ||
| Kirk Kanady | 5% or greater direct ownership interest | 2013-05 | ||
| Konstantinos Gkotsoulias | contracted managing employee | 2015-01 | ||
| Linda Corcoran | w-2 managing employee | 2009-09 | ||
| Nikos Mantzoros | corporate director | 2025-06 | ||
| Nikos Mantzoros | w-2 managing employee | 2025-06 | ||
| Stephen Sims | 5% or greater direct ownership interest | 2009-05 | ||
| Travis Hird | 5% or greater direct ownership interest | 2009-05 |
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 |
|---|---|---|---|---|
| 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 |