Lehigh Regional
dba Hca Florida Lehigh Hospital ·
Lehigh Acres, FL
· CCN 100107
Licensed to Hope 97 Llc
Already transacted. CMS recorded an ownership change effective
2025-02-27. Confirm the current owner before spending a call on this.
Composite
17.8
rank score
Distress
34
FY2023
Fit
84
vs thesis
Estimated ticket
$26.5M–$106M
53 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- under 30 days cash on hand
- current ratio below 0.8
- occupancy 45-60%
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size somewhat below the envelope
- moderate occupancy
- for-profit — no charitable conversion review
- changed ownership 2025-02-27 — likely already transacted
Latest financials · FY2023
| Net patient revenue | $45.8M |
| Operating margin | 10.9% |
| Total margin | 13.0% |
| Days cash on hand | 6 |
| Current ratio | -0.74 |
| Occupancy | 51% |
Facility
| Beds | 53 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| 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 | 53 | $41.1M | $3.2M | 7.4% | 7.9% | 94 | 2.46 | 54% | 2,297 | 7 |
| 2021 | 53 | $45.4M | $4.3M | 7.9% | 9.4% | 66 | 1.60 | 55% | 2,210 | 12 |
| 2022 | 53 | $41.3M | $4.0M | 6.6% | 9.3% | 40 | 2.68 | 50% | 2,771 | 19 |
| 2023 | 53 | $45.8M | $6.1M | 10.9% | 13.0% | 6 | -0.74 | 51% | 3,015 | 34 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hca Holdings Inc | 5% or greater indirect ownership interest | 100 | 2025-02 | |
| Hca Inc | 5% or greater indirect ownership interest | 100 | 2025-02 | chain |
| Healthtrust Inc - The Hospital Company | 5% or greater indirect ownership interest | 100 | 2025-02 | |
| Tampa Bay Health System Inc | 5% or greater direct ownership interest | 100 | 2025-02 | |
| Healthserv Acquisition Llc | 5% or greater indirect ownership interest | 36 | 2025-02 | |
| Hca Squared Llc | 5% or greater indirect ownership interest | 26 | 2025-02 | |
| Hospital Corp Llc | 5% or greater indirect ownership interest | 26 | 2025-02 | |
| Galen Holdco Llc | 5% or greater indirect ownership interest | 24 | 2025-02 | |
| Frisco Holding Ii | 5% or greater indirect ownership interest | 16 | 2026-02 | |
| Hercules Holding Ii | 5% or greater indirect ownership interest | 14 | 2026-02 | |
| Eric Smith | contracted managing employee | 2025-02 | ||
| Jacob Chandler | w-2 managing employee | 2025-11 | ||
| Jacob Chandler | operational/managerial control | 2025-11 | ||
| Paige Laughlin | corporate officer | 2025-03 | ||
| Paige Laughlin | w-2 managing employee | 2025-02 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2025-02-27 | change of ownership | Hope 97 Llc | Prime Healthcare... |
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 |