dealflow
envelope $200M

← Targets

Mayo Clinic Florida

dba Mayo Clinic Jacksonville · Jacksonville, Duval County, FL · CCN 100151
Licensed to Mayo Clinic Florida

Composite
32.9
rank score
Distress
0
FY2023
Fit
78
vs thesis
Estimated ticket
$30.7M–$61.4M
307 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • 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$1.3B
Operating margin 25.9%
Total margin 25.9%
Days cash on hand
Current ratio 1.80
Occupancy94%

Facility

Beds307
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 304 $840M $184M 20.7% 21.7% 0 1.54 76% 15,067 22
2021 304 $987M $214M 20.5% 21.4% 0 1.61 86% 16,113 22
2022 304 $1.1B $238M 21.6% 21.7% 1.88 90% 16,970 0
2023 307 $1.3B $329M 25.9% 25.9% 1.80 94% 18,085 0

Owners

OwnerRole%SinceType
Abhishek Bikkani corporate officer 2023-08
Ajani Dunn corporate officer 2021-12
Ajani Dunn corporate director 2021-12
Alice Rigdon corporate officer 2020-02
Alice Rigdon corporate director 2020-02
Bryan Springer corporate director 2026-01
Charles Bruce corporate director 2020-01
Chrisandra Shufelt corporate director 2025-01
David Thiel corporate director 2020-12
Grace Lin corporate director 2026-01
James Meschia corporate director 2023-01
Jason Eldrige corporate director 2025-01
Jeffrey Janus corporate director 2023-01
Kent Thielen corporate officer 2019-01
Kent Thielen corporate director 2019-01
Kent Thielen operational/managerial control 2019-01
Margaret Johnson corporate director 2014-01
Mayo Clinic
Rochester, MN
operational/managerial control 2005-01
Mayo Clinic Jacksonville
Jacksonville, FL
operational/managerial control 2005-01 chain
Olayemi Sokumbi corporate director 2025-01
Roxana Dronca corporate director 2019-01
Sanjay Bagaria corporate director 2026-01
Sarah Mclaughlin corporate officer 2021-01
Sarah Mclaughlin corporate director 2017-01
Sebastian Fernandez-Bussy corporate director 2026-03

Showing 25 of 28. Full list via /api/targets/100151.

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.

DateBuyerSellerHospitalBeds
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