Jackson Memorial
Miami, Miami-Dade County, FL
· CCN 100022
Licensed to Public Health Trust Of Miami Dade County Florida
Composite
54.7
rank score
Distress
58
FY2023
Fit
72
vs thesis
Estimated ticket
$137M–$273M
1,608 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin negative
- 60-90 days cash on hand
- current ratio under 1.5
- debt above 70% of assets
- margin deteriorating sharply
- rural — cheaper but limited density
- very large — likely out of range
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $1.6B |
| Operating margin | -86.3% |
| Total margin | -2.2% |
| Days cash on hand | 76 |
| Current ratio | 1.21 |
| Occupancy | 69% |
Facility
| Beds | 1,608 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 1,486 | $1.2B | $229M | -73.9% | 9.8% | 92 | 1.24 | 66% | 53,240 | 36 |
| 2021 | 1,504 | $1.3B | $196M | -75.8% | 7.8% | 76 | 1.28 | 71% | 55,882 | 41 |
| 2022 | 1,893 | $1.5B | $158M | -85.3% | 5.5% | 78 | 1.29 | 60% | 62,137 | 41 |
| 2023 | 1,608 | $1.6B | $-61.7M | -86.3% | -2.2% | 76 | 1.21 | 69% | 62,133 | 58 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Public Health Trust Of Miami Dade County Florida | operational/managerial control | 100 | 1973-10 | |
| Carlos Migoya | corporate officer | 2011-05 | ||
| Carlos Migoya | corporate director | 2011-05 | ||
| Carlos Migoya | w-2 managing employee | 2011-05 | ||
| Carlos Migoya | operational/managerial control | 2011-05 | ||
| Mark Knight | corporate officer | 2010-11 | ||
| Mark Knight | corporate director | 2011-11 | ||
| Mark Knight | w-2 managing employee | 2010-11 | ||
| Mark Knight | operational/managerial control | 2011-11 | ||
| Myriam Torres | corporate officer | 2016-03 | ||
| Myriam Torres | corporate director | 2016-03 | ||
| Myriam Torres | w-2 managing employee | 2016-03 | ||
| Myriam Torres | operational/managerial control | 2016-03 |
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 |