Adventhealth Zephyrhills
Zephyrhills, Pasco County, FL
· CCN 100046
Licensed to Florida Hospital Zephyrhills Inc
Composite
37.3
rank score
Distress
0
FY2023
Fit
88
vs thesis
Estimated ticket
$74.5M–$298M
149 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $232M |
| Operating margin | 3.7% |
| Total margin | 11.1% |
| Days cash on hand | 170 |
| Current ratio | 5.24 |
| Occupancy | 82% |
Facility
| Beds | 149 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 149 | $168M | $5.8M | -4.4% | 3.2% | 235 | 3.22 | 70% | 9,161 | 16 |
| 2021 | 149 | $199M | $19.3M | 1.1% | 8.9% | 217 | 3.84 | 78% | 9,970 | 7 |
| 2022 | 149 | $207M | $-14.4M | -0.8% | -7.4% | 128 | 4.26 | 77% | 9,917 | 32 |
| 2023 | 149 | $232M | $28.1M | 3.7% | 11.1% | 170 | 5.24 | 82% | 10,897 | 0 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adventist Health System Sunbelt Healthcare Corporation | 5% or greater indirect ownership interest | 100 | 1998-11 | chain |
| Adventist Health System Sunbelt Inc | 5% or greater direct ownership interest | 100 | 1998-11 | |
| Adventist Health System Sunbelt Inc | operational/managerial control | 1998-11 | ||
| Amanda Brady | corporate officer | 2020-02 | ||
| Daniel Crunk | contracted managing employee | 2025-03 | ||
| Daniel Crunk | corporate officer | 2025-03 | ||
| Daniel Crunk | operational/managerial control | 2025-03 | ||
| David Banks | corporate officer | 2022-08 | ||
| David Huffman | corporate officer | 2020-02 | ||
| Edwin Aguayo | corporate director | 2019-06 | ||
| Haney Vincent | corporate officer | 2021-12 | ||
| James Santana | operational/managerial control | 2022-01 | ||
| Jeffrey Graff | corporate officer | 2014-09 | ||
| John Scott | corporate director | 2012-01 | ||
| Kenneth Bradley | corporate director | 2018-06 | ||
| Lauran Simpson Monbarren | corporate director | 2023-10 | ||
| Leroy Hauff | corporate director | 2009-06 | ||
| Lynn Addiscott | corporate officer | 2006-01 | ||
| Melanie Barriffe | corporate director | 2022-12 | ||
| Michael Murrill | contracted managing employee | 2023-07 | ||
| Michael Murrill | corporate officer | 2023-08 | ||
| Michael Murrill | corporate director | 2023-08 | ||
| Michael Murrill | operational/managerial control | 2023-07 | ||
| Michael Saunders | corporate officer | 2007-02 | ||
| Nishit Jailwala | corporate director | 2025-01 |
Showing 25 of 36. Full list via /api/targets/100046.
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 |