Methodist Southlake Medical Center
Southlake, Tarrant County, TX
· CCN 670132
Licensed to Methodist Hospitals Of Dallas
Composite
71.8
rank score
Distress
100
FY2023
Fit
67
vs thesis
Estimated ticket
$7.7M–$30.8M
22 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy below 30%
- margin deteriorating sharply
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- very small facility
- small ticket — deploys little of the available capital
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $43.4M |
| Operating margin | -45.6% |
| Total margin | -45.0% |
| Days cash on hand | 0 |
| Current ratio | -1.06 |
| Occupancy | 17% |
Facility
| Beds | 22 |
| 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 | 54 | $39.3M | $-11.1M | -29.4% | -28.1% | 0 | -0.56 | 5% | 410 | 89 |
| 2021 | 54 | $32.8M | $-5.8M | -18.3% | -17.5% | 7 | 0.20 | 8% | 384 | 89 |
| 2022 | 54 | $34.4M | $-22.3M | -65.5% | -64.1% | 0 | -0.03 | 5% | 533 | 100 |
| 2023 | 22 | $43.4M | $-19.6M | -45.6% | -45.0% | 0 | -1.06 | 17% | 423 | 100 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Methodist Hospitals Of Dallas | 5% or greater direct ownership interest | 100 | 2021-06 | |
| Allen Schneider | corporate director | 2021-06 | ||
| Amy Bodwell | w-2 managing employee | 2011-08 | ||
| Andrew Stoker | corporate director | 2021-06 | ||
| Bernard Difiore | corporate director | 2021-06 | ||
| Brenda Jackson | corporate director | 2021-06 | ||
| Craig Bjerke | corporate officer | 2021-06 | ||
| Craig Bjerke | w-2 managing employee | 2021-06 | ||
| David Mcatee | corporate director | 2021-06 | ||
| Duncan Fulton | corporate director | 2021-06 | ||
| Gerald Bright | corporate director | 2021-06 | ||
| Gregory Campbell | corporate director | 2021-06 | ||
| James Norris | corporate director | 2021-06 | ||
| James Scoggin | corporate officer | 2021-06 | ||
| James Scoggin | w-2 managing employee | 2021-06 | ||
| Jim Vaszauskas | corporate director | 2021-06 | ||
| John Candey | corporate director | 2021-06 | ||
| John Collins | corporate director | 2021-06 | ||
| John Faubion | corporate director | 2021-06 | ||
| John Oliphint | corporate director | 2021-06 | ||
| Jorge Saldivar | corporate director | 2021-06 | ||
| Joseph Fortson | corporate director | 2021-06 | ||
| Julie Yarbrough | corporate director | 2021-06 | ||
| Keith Boone | corporate director | 2021-06 | ||
| Kenneth Govan | corporate director | 2021-06 |
Showing 25 of 36. Full list via /api/targets/670132.
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2021-06-01 | change of ownership | Methodist Hospitals Of Dallas | Metsl, Llc |
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 |