Adventhealth Daytona Beach
Daytona, Volusia County, FL
· CCN 100068
Licensed to Memorial Health Systems Inc
Composite
34.7
rank score
Distress
4
FY2023
Fit
78
vs thesis
Estimated ticket
$33.0M–$66.0M
330 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- 90-150 days cash on hand
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- large — ticket likely stretches the envelope
- ticket size somewhat below the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $652M |
| Operating margin | 7.6% |
| Total margin | 10.9% |
| Days cash on hand | 128 |
| Current ratio | 2.94 |
| Occupancy | 83% |
Facility
| Beds | 330 |
| 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 | 330 | $422M | $29.8M | 1.5% | 6.7% | 215 | 4.13 | 68% | 16,667 | 7 |
| 2021 | 330 | $506M | $45.3M | 4.2% | 8.5% | 189 | 5.32 | 83% | 18,031 | 0 |
| 2022 | 330 | $533M | $-32.7M | -1.9% | -6.4% | 115 | 3.55 | 83% | 18,830 | 32 |
| 2023 | 330 | $652M | $74.0M | 7.6% | 10.9% | 128 | 2.94 | 83% | 20,978 | 4 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adventist Health System Sunbelt Healthcare Corporation | 5% or greater indirect ownership interest | 100 | 2000-10 | chain |
| Adventist Health System Sunbelt Inc | 5% or greater direct ownership interest | 100 | 2000-10 | |
| Amanda Brady | corporate officer | 2020-02 | ||
| Andrea Hooper | corporate director | 2023-08 | ||
| Beverly Morgan | corporate officer | 2025-08 | ||
| David Burt | corporate director | 2009-01 | ||
| David Huffman | corporate officer | 2020-02 | ||
| David Sinclair | contracted managing employee | 2025-03 | ||
| David Sinclair | corporate officer | 2025-03 | ||
| David Sinclair | operational/managerial control | 2025-03 | ||
| David Weis | corporate officer | 2022-08 | ||
| Debora Thomas | corporate officer | 2023-08 | ||
| Debora Thomas | corporate director | 2023-08 | ||
| Dennis Hernandez | corporate director | 2022-04 | ||
| Diane Godfrey | corporate officer | 2025-12 | ||
| Douglas Hilliard | corporate officer | 2025-08 | ||
| Francis Owens | contracted managing employee | 2026-02 | ||
| Francis Owens | corporate officer | 2026-02 | ||
| Francis Owens | operational/managerial control | 2026-02 | ||
| Gloria Ceballos | corporate director | 2023-08 | ||
| Haney Vincent | corporate officer | 2021-12 | ||
| James Arocho | corporate director | 2014-09 | ||
| Jeffrey Graff | corporate officer | 2014-09 | ||
| John Adams | corporate director | 2013-02 | ||
| John Ferguson | corporate director | 2017-06 |
Showing 25 of 41. Full list via /api/targets/100068.
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 |