SC&H Capital has been retained as the exclusive investment banker to seek a buyer for Trinity Regional Hospital Sachse, LLC (“TRHS”).

TRHS is a newly constructed, turnkey facility located off the President George Bush Highway in Sachse, TX, a medically underserved area considered to be one of the fastest growing communities in the Dallas area.  The upscale hospital opened in November of 2021 and consists of 32 inpatient beds (of which four are ICU beds), 13 emergency room beds, three surgical suites, two procedure rooms, 17 pre/post op bays, and a catheterization laboratory, with hospital management and a highly skilled team of healthcare professionals in place. Revenue is generated from a combination of inpatient and outpatient capabilities including emergency services, surgical services, and imaging and radiology. The patient community appreciates the new hospital as two area hospitals have recently closed and there are considerable wait times at the two operating hospitals located within a seven-mile radius of Trinity.
   
TRHS is actively pursuing a sale with the goal of recapitalizing operations and improving physician alignment to better serve the needs of the Sachse community. The construction of TRHS was financed via a series of municipal bonds committed from multiple investors. The project has suffered several operational challenges, including a lack of adequate capital, a need for a comprehensive operational plan, and opening before a planned medical office building was constructed on an adjacent site. As a result, the hospital has struggled with physician recruitment and patient volumes.

“Despite initial hurdles, the hospital is beginning to show increased volumes as physician recruitment has improved with a growing referral network and better staffing of hospitalists. Additionally, construction of a 67,000 sq ft medical office building adjacent to the hospital is scheduled to be completed this February which will conveniently accommodate physicians when hospital procedures are needed,” said Hank Waida, Principal at SC&H Capital.

TRHS presents the opportunity to acquire a newly built, turnkey, acute care hospital with sophisticated medical equipment and upscale interior finishes in place saving the time and expense associated with designing, permitting, building, and staffing a facility from the ground up.  The existing management team is committed to working with a buyer/investor able to provide the capital needed to recruit physicians, build alliances, and secure commitments needed to achieve the projected results.