Leesburg Regional Medical Center Inc
dba Uf Health Leesburg Hospital ·
Leesburg, FL
· CCN 100084
Licensed to Leesburg Regional Medical Center Inc
Composite
51.4
rank score
Distress
47
FY2024
Fit
76
vs thesis
Estimated ticket
$165M–$660M
330 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin under 2%
- under 30 days cash on hand
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size well above the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $278M |
| Operating margin | -3.7% |
| Total margin | 1.8% |
| Days cash on hand | 4 |
| Current ratio | 1.58 |
| Occupancy | 65% |
Facility
| Beds | 330 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 330 | $229M | $40.0M | -0.5% | 14.8% | 194 | 2.26 | 62% | 14,434 | 16 |
| 2022 | 330 | $224M | $-5.5M | -11.2% | -2.3% | 64 | 1.60 | 62% | 12,955 | 46 |
| 2023 | 330 | $246M | $-8.7M | -10.4% | -3.3% | 0 | 1.45 | 65% | 12,683 | 66 |
| 2024 | 330 | $278M | $5.4M | -3.7% | 1.8% | 4 | 1.58 | 65% | 13,490 | 47 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Central Florida Health Inc | 5% or greater direct ownership interest | 100 | 2009-03 | |
| David Mann | corporate director | 2024-09 | ||
| Donald Landry | corporate director | 2025-09 | ||
| Edmund Beebe | corporate director | 2020-01 | ||
| Gregory Lewis | corporate director | 2020-04 | ||
| Heather Long | corporate officer | 2023-01 | ||
| Heather Long | corporate director | 2023-01 | ||
| Heather Long | w-2 managing employee | 2023-01 | ||
| Jennifer Hunt | corporate director | 2024-09 | ||
| Kent Fuchs | corporate director | 2020-01 | ||
| Marsha Powers | corporate director | 2020-01 | ||
| Phil Braun | corporate director | 2022-01 | ||
| Robert Stilley | corporate director | 2024-09 | ||
| Ryan Fuller | corporate director | 2024-12 | ||
| Samuel Moore | corporate director | 2025-10 | ||
| Stephen Motew | corporate director | 2024-09 | ||
| Todd Neville | corporate director | 2024-09 |
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 |