dealflow
envelope $200M

← Targets

Hca Houston Healthcare Pearland

Pearland, Brazoria County, TX · CCN 670106
Licensed to Chca Pearland Lp

Composite
66.1
rank score
Distress
61
FY2024
Fit
92
vs thesis
Estimated ticket
$20.4M–$81.6M
48 beds · within envelope
Ownership
for-profit
STH

Why it ranks here

  • operating margin -10% to -5%
  • total margin -8% to -3%
  • under 30 days cash on hand
  • liabilities exceed assets
  • part of a multi-hospital chain — divestiture candidate
  • TX: favorable regulatory climate
  • urban — higher occupancy and iteration surface
  • small but workable bed count
  • ticket size somewhat below the envelope
  • strong occupancy — good iteration surface
  • for-profit — no charitable conversion review

Latest financials · FY2024

Net patient revenue$108M
Operating margin -5.9%
Total margin -5.5%
Days cash on hand 0
Current ratio 1.75
Occupancy103%

Facility

Beds48
Facility typeSTH
Settingurban
Ownership classfor-profit
Per-bed (low) $425K
Per-bed (high) $1.7M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 97 $64.8M $-9.3M -14.4% -14.3% 0 1.32 103% 3,636 81
2022 49 $80.0M $-7.1M -9.0% -8.8% 0 1.68 117% 3,949 72
2023 48 $84.4M $-6.8M -8.7% -8.1% 0 1.91 106% 4,078 72
2024 48 $108M $-6.0M -5.9% -5.5% 0 1.75 103% 4,291 61

Owners

OwnerRole%SinceType
Columbia/hca Of Houston, Inc
Nashville, TN
5% or greater indirect ownership interest 100 2006-01
Hca Healthcare Inc
Nashville, TN
5% or greater indirect ownership interest 100 2010-11
Hca Inc
Nashville, TN
5% or greater indirect ownership interest 100 2006-01 chain
Healthtrust Inc - The Hospital Company
Nashville, TN
5% or greater indirect ownership interest 100 2006-01
Houston Healthcare Holdings, Inc
Nashville, TN
5% or greater indirect ownership interest 100 2006-01
Hca Pearland Gp Inc
Nashville, TN
5% or greater indirect ownership interest 99 2006-01
Pearland Partner Llc
Nashville, TN
5% or greater direct ownership interest 99 2006-01
Pearland Partner Llc
Nashville, TN
limited partnership interest 99 2006-01
Hti Hospital Holdings Inc
Nashville, TN
5% or greater indirect ownership interest 25 2006-01
Women's Hospital Indianapolis, L.p.
Nashville, TN
5% or greater indirect ownership interest 18 2006-01
Indianapolis Hospital Partner, Llc
Nashville, TN
5% or greater indirect ownership interest 18 2006-01
Hercules Holding Ii
Nashville, TN
5% or greater indirect ownership interest 14 2026-02
Frisco Holding Ii
Wilmington, DE
5% or greater indirect ownership interest 14 2026-02
Hca Health Services Of Texas Inc
Nashville, TN
5% or greater indirect ownership interest 11 2006-01
Healthserv Acquisition Llc
Nashville, TN
5% or greater indirect ownership interest 11 2006-01
Columbia Hospital Corporation - Delaware
Nashville, TN
5% or greater indirect ownership interest 6 2006-01
Columbia Hospital Corporation Of West Houston
Nashville, TN
5% or greater indirect ownership interest 6 2006-01
Hca Squared Llc
Nashville, TN
5% or greater indirect ownership interest 5 2011-10
Hospital Corp Llc
Nashville, TN
5% or greater indirect ownership interest 5 2006-01
Hca Pearland Gp Inc
Nashville, TN
5% or greater direct ownership interest 1 2006-01
Hca Pearland Gp Inc
Nashville, TN
general partnership interest 1 2006-01
Austin Dies corporate officer 2025-02
Austin Dies w-2 managing employee 2025-02
Elias Armendariz corporate officer 2024-12
Elias Armendariz w-2 managing employee 2024-12

Showing 25 of 26. Full list via /api/targets/670106.

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