Mount Sinai Medical Center Of Florid
Miami Beach, FL
· CCN 100034
Licensed to Mount Sinai Medical Center Of Florida, Inc
Composite
30.0
rank score
Distress
4
FY2023
Fit
70
vs thesis
Estimated ticket
$48.1M–$96.2M
481 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 90-150 days cash on hand
- rural — cheaper but limited density
- very large — likely out of range
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $971M |
| Operating margin | 8.8% |
| Total margin | 7.2% |
| Days cash on hand | 148 |
| Current ratio | 2.35 |
| Occupancy | 70% |
Facility
| Beds | 481 |
| 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 | 481 | $648M | $-3.6M | 0.6% | -0.5% | 169 | 1.96 | 60% | 21,315 | 14 |
| 2021 | 481 | $847M | $37.3M | 13.3% | 4.2% | 154 | 1.81 | 70% | 24,586 | 0 |
| 2022 | 481 | $904M | $18.0M | 12.2% | 1.9% | 119 | 2.13 | 68% | 24,831 | 8 |
| 2023 | 481 | $971M | $75.5M | 8.8% | 7.2% | 148 | 2.35 | 70% | 25,238 | 4 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Alex Mendez | w-2 managing employee | 100 | 2001-12 | |
| Gino Santorio | w-2 managing employee | 100 | 2021-02 | |
| Gino Santorio | operational/managerial control | 100 | 2021-02 | |
| Alex Mendez | corporate officer | 2001-12 | ||
| Gino Santorio | corporate officer | 2021-02 |
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 |