Adventhealth Orlando
Orlando, FL
· CCN 100007
Licensed to Adventist Health System-Sunbelt Inc
Composite
10.3
rank score
Distress
0
FY2023
Fit
60
vs thesis
Estimated ticket
$279M–$557M
2,787 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $6.2B |
| Operating margin | 10.2% |
| Total margin | 16.9% |
| Days cash on hand | 238 |
| Current ratio | 5.74 |
| Occupancy | 83% |
Facility
| Beds | 2,787 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $100K |
| Per-bed (high) | $200K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2,812 | $4.0B | $467M | 1.1% | 10.6% | 273 | 4.77 | 66% | 123,129 | 7 |
| 2021 | 2,791 | $5.0B | $828M | 7.6% | 15.2% | 234 | 5.37 | 76% | 130,555 | 0 |
| 2022 | 2,738 | $5.4B | $1.8M | 2.5% | 0.0% | 187 | 4.72 | 80% | 140,787 | 3 |
| 2023 | 2,787 | $6.2B | $1.1B | 10.2% | 16.9% | 238 | 5.74 | 83% | 157,121 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adventist Health System Sunbelt Healthcare Corporation | 5% or greater direct ownership interest | 100 | 1982-01 | chain |
| Aaron Godshall | corporate director | 2024-04 | ||
| Allan Machado | corporate director | 2018-09 | ||
| Anne Kelley | corporate director | 2005-08 | ||
| Beat Kahli | corporate director | 2006-01 | ||
| Belinda Kirkegard | corporate director | 2021-05 | ||
| Brea Weiss | corporate director | 2022-10 | ||
| Brian Adams | contracted managing employee | 2021-12 | ||
| Brian Adams | corporate officer | 2021-12 | ||
| Brian Adams | corporate director | 2021-12 | ||
| Brian Adams | operational/managerial control | 2021-12 | ||
| Coy Ingram | corporate director | 2018-09 | ||
| David Freedman | corporate director | 2020-01 | ||
| Douglas Hilliard | corporate director | 2025-07 | ||
| Elisa Rahming | corporate director | 2018-06 | ||
| Garrett Jones | corporate director | 2025-02 | ||
| Georgia Lorenz | corporate director | 2020-12 | ||
| Hector Tico Perez | corporate director | 2008-12 | ||
| Jim Coffin | corporate director | 2016-06 | ||
| Ken Shaw | corporate director | 2021-08 | ||
| Kent Johnson | contracted managing employee | 2025-07 | ||
| Kent Johnson | corporate officer | 2025-07 | ||
| Kent Johnson | operational/managerial control | 2025-07 | ||
| Marjorie Thomas | corporate director | 2005-08 | ||
| Michael Owusu | corporate director | 2021-04 |
Showing 25 of 35. Full list via /api/targets/100007.
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 FL
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 |
|---|---|---|---|---|
| 2025-08-01 | Galen Of Florida Inc | West Florida - Pph, Llc | St. Petersburg General | 162 |
| 2025-03-01 | Adventhealth Port Charlotte Inc | Port Charlotte Hma Llc | Bayfront Health Port Charlotte | 254 |
| 2025-02-27 | Hope 97 Llc | Prime Healthcare Services-Lehigh Acres Llc | Lehigh Regional | 53 |
| 2024-11-01 | Lee Health System Inc | Lee Memorial Health System | Gulf Coast Medical Center | 624 |
| 2024-11-01 | Lee Health System Inc | Lee Memorial Health System | Lee Memorial Hospital | 746 |
| 2024-10-30 | Hsa Cgh Llc | Steward Cgh Inc | Coral Gables Hospital | 245 |
| 2024-10-30 | Hsa Hh Llc | Steward Hh, Inc. | Hialeah Hospital | 340 |
| 2024-10-30 | Hsa Pgh Llc | Steward Pgh, Inc. | Palmetto General Hospital | 358 |
| 2024-10-30 | Hsa Nsmc Llc | Steward Nsmc Inc | North Shore Medical Center And Fmc | 748 |
| 2024-10-23 | Ohsrh, Llc | Steward Sebastian River Medical Center Inc | Sebastian River Medical Center | 145 |
| 2023-12-01 | Tampa General Hospital Citrus Llc | Citrus Hma Llc | Seven Rivers Regional Medical Center | 121 |
| 2023-12-01 | Tampa General Hospital Hernando Llc | Hernando Hma Llc | Brooksville Regional Hosptal | 244 |
| 2020-10-01 | Ohi West, Inc. | Bayfront Hma Medical Center Llc | Bayfront Health St. Petersburg | 262 |
| 2019-09-01 | Adventhealth Polk South Inc | Lake Wales Hospital Corporation | Adventhealth Lake Wales | 118 |
| 2019-09-01 | Adventhealth Polk North Inc | Haines City Hma Llc | Adventhealth Heart Of Florida | 202 |