Winter Haven Hospital
Winter Haven, Polk County, FL
· CCN 100052
Licensed to Winter Haven Hospital Inc
Composite
56.2
rank score
Distress
65
FY2023
Fit
68
vs thesis
Estimated ticket
$38.7M–$77.3M
455 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- current ratio below 0.8
- occupancy 45-60%
- margin deteriorating sharply
- rural — cheaper but limited density
- very large — likely out of range
- ticket size somewhat below the envelope
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $438M |
| Operating margin | -4.4% |
| Total margin | -2.1% |
| Days cash on hand | 0 |
| Current ratio | -2.60 |
| Occupancy | 51% |
Facility
| Beds | 455 |
| Facility type | STH |
| Setting | rural |
| Ownership class | nonprofit |
| 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 | 485 | $372M | $13.6M | -0.1% | 3.5% | 0 | -0.81 | 52% | 17,615 | 53 |
| 2021 | 506 | $437M | $16.6M | 0.2% | 3.7% | 0 | -0.88 | 57% | 19,923 | 44 |
| 2022 | 490 | $418M | $-26.1M | -8.7% | -6.1% | 0 | -2.22 | 54% | 18,731 | 72 |
| 2023 | 455 | $438M | $-9.5M | -4.4% | -2.1% | 0 | -2.60 | 51% | 18,241 | 65 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Baycare Health System, Inc. | 5% or greater direct ownership interest | 100 | 2013-08 | |
| Alan Bomstein | corporate director | 2022-02 | ||
| Cathy Swanson | corporate director | 2022-02 | ||
| Charles Osterholt | corporate director | 2022-02 | ||
| David Morrow | corporate director | 2022-02 | ||
| David Rood | operational/managerial control | 2018-02 | ||
| Donna Lancaster | corporate director | 2022-02 | ||
| Hugh Campbell | corporate director | 2022-02 | ||
| James Cantonis | corporate director | 2022-02 | ||
| Janice Polo | operational/managerial control | 2017-06 | ||
| Jorge Navas | corporate director | 2022-02 | ||
| Katherine Cole | corporate director | 2022-02 | ||
| Kimberly Guy | corporate officer | 2025-03 | ||
| Kimberly Guy | operational/managerial control | 2025-03 | ||
| Kurt Erickson | corporate director | 2022-02 | ||
| Lynda Gorken | operational/managerial control | 2014-05 | ||
| Marion Albanese | corporate director | 2022-02 | ||
| Patricia Shirley | corporate director | 2022-02 | ||
| Rafael Garcia | corporate director | 2022-02 | ||
| Rena Upshaw-Frazier | corporate director | 2022-02 | ||
| Ricardo Colon | corporate director | 2022-02 | ||
| Robert Burwell | corporate director | 2022-02 | ||
| Ronald Beamon | operational/managerial control | 2018-05 | ||
| Susan Latvala | corporate director | 2022-02 | ||
| Thomas Inzina | operational/managerial control | 2016-05 |
Showing 25 of 27. Full list via /api/targets/100052.
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 |