Methodist Midlothian Medical Center
Midlothian, Ellis County, TX
· CCN 670300
Licensed to Methodist Hospitals Of Dallas
Composite
57.6
rank score
Distress
56
FY2024
Fit
81
vs thesis
Estimated ticket
$19.6M–$78.2M
46 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin under 2%
- total margin under 2%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy 30-45%
- TX: favorable regulatory climate
- urban — higher occupancy and iteration surface
- small but workable bed count
- ticket size somewhat below the envelope
- thin occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $81.8M |
| Operating margin | 1.8% |
| Total margin | 1.8% |
| Days cash on hand | 0 |
| Current ratio | -4.83 |
| Occupancy | 42% |
Facility
| Beds | 46 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 46 | $9.7M | $-7.4M | -81.0% | -73.0% | 0 | 4.56 | 16% | 675 | 87 |
| 2022 | 46 | $55.5M | $-5.3M | -11.3% | -9.4% | 0 | 25.51 | 40% | 2,155 | 83 |
| 2023 | 46 | $69.3M | $1.8M | 2.7% | 2.6% | 0 | -2.87 | 40% | 1,986 | 52 |
| 2024 | 46 | $81.8M | $1.5M | 1.8% | 1.8% | 0 | -4.83 | 42% | 2,054 | 56 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Methodist Hospitals Of Dallas | 5% or greater direct ownership interest | 100 | 2018-09 | |
| Methodist Hospitals Of Dallas | operational/managerial control | 100 | 2018-09 | |
| Alan Walne | corporate director | 2023-03 | ||
| Amy Bodwell | operational/managerial control | 2011-08 | ||
| Bernard Difiore | corporate director | 2016-03 | ||
| Brenda Jackson | corporate director | 2014-09 | ||
| Craig Bjerke | corporate officer | 2018-10 | ||
| Duncan Fulton | corporate director | 2010-04 | ||
| Gerald Bright | corporate director | 2018-03 | ||
| James Scoggin | corporate officer | 2019-04 | ||
| James Scoggin | corporate director | 2019-04 | ||
| Jary Ganske | corporate officer | 2018-09 | ||
| Jary Ganske | w-2 managing employee | 2018-09 | ||
| Jary Ganske | operational/managerial control | 2018-09 | ||
| John Candey | corporate director | 2009-01 | ||
| John Faubion | corporate director | 2016-11 | ||
| John Oliphint | corporate director | 2021-03 | ||
| Joseph Fortson | corporate director | 1982-10 | ||
| Julie Yarbrough | corporate director | 2009-06 | ||
| Keith Boone | corporate director | 2016-11 | ||
| Larry Mckee | corporate director | 2017-06 | ||
| Levi Davis | corporate director | 2002-01 | ||
| Mae Giddings | corporate director | 2020-03 | ||
| Marcus Knight | corporate director | 2020-03 | ||
| Michael Finch | corporate director | 2020-03 |
Showing 25 of 32. Full list via /api/targets/670300.
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 |