Baytown Medical Center Op
Baytown, Harris County, TX
· CCN 670109
Licensed to Baytown Medical Center Lp
Composite
57.8
rank score
Distress
72
FY2023
Fit
63
vs thesis
Estimated ticket
$4.9M–$19.6M
14 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- occupancy below 30%
- margin deteriorating sharply
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- very small facility
- very small ticket — sub-scale as a platform asset
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $6.7M |
| Operating margin | -214.2% |
| Total margin | -191.6% |
| Days cash on hand | — |
| Current ratio | 1.80 |
| Occupancy | 3% |
Facility
| Beds | 14 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 14 | $41.9M | $-6.5M | -15.6% | -15.6% | 3 | 0.60 | 89% | 4,730 | 91 |
| 2021 | 14 | $41.9M | $-6.5M | -15.6% | -15.6% | 3 | 0.60 | 89% | 4,730 | 91 |
| 2022 | 14 | $51.1M | $-14.6M | -28.5% | -28.5% | 2 | 0.57 | 65% | 3,330 | 91 |
| 2023 | 14 | $6.7M | $-13.9M | -214.2% | -191.6% | — | 1.80 | 3% | 84 | 72 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Jagandeep Kaur | corporate officer | 100 | 2023-01 | |
| Marzia Khan | operational/managerial control | 100 | 2025-11 | |
| Oprex Surgery Baytown Lp | limited partnership interest | 99 | 2024-07 | |
| Baytown Medical Center Gp Llc | general partnership interest | 1 | 2024-07 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2019-12-17 | change of ownership | Baytown Medical Center Lp | Oprex Surgery Baytown Lp |
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 |