Adventhealth Tampa
Tampa, Hillsborough County, FL
· CCN 100173
Licensed to University Community Hospital Inc
Composite
19.2
rank score
Distress
44
FY2023
Fit
66
vs thesis
Estimated ticket
$298M–$1.2B
596 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin negative
- total margin negative
- under 30 days cash on hand
- current ratio under 1.5
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $805M |
| Operating margin | -2.5% |
| Total margin | -0.3% |
| Days cash on hand | 0 |
| Current ratio | 1.03 |
| Occupancy | 62% |
Facility
| Beds | 596 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 506 | $530M | $-25.7M | -8.7% | -4.7% | 59 | 1.10 | 62% | 21,337 | 54 |
| 2021 | 596 | $633M | $457K | -2.7% | 0.1% | 30 | 2.04 | 64% | 22,379 | 36 |
| 2022 | 596 | $699M | $-48.2M | -8.5% | -6.8% | 0 | 1.05 | 61% | 23,944 | 60 |
| 2023 | 596 | $805M | $-2.8M | -2.5% | -0.3% | 0 | 1.03 | 62% | 25,345 | 44 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adventist Health System Sunbelt Healthcare Corporation | 5% or greater direct ownership interest | 100 | 2010-07 | chain |
| Amanda Brady | corporate officer | 2020-02 | ||
| Arthenia Joyner | corporate director | 2010-01 | ||
| David Huffman | corporate officer | 2020-02 | ||
| David Ottati | corporate officer | 2021-12 | ||
| David Ottati | corporate director | 2021-12 | ||
| Diane Godfrey | corporate officer | 2026-01 | ||
| Douglas Pytlinski | corporate officer | 2026-04 | ||
| Eric Newman | corporate director | 2009-01 | ||
| Erik Wangsness | contracted managing employee | 2024-12 | ||
| Erik Wangsness | corporate officer | 2024-12 | ||
| Erik Wangsness | corporate director | 2024-12 | ||
| Erik Wangsness | operational/managerial control | 2024-12 | ||
| Fred Meyer | corporate officer | 2023-08 | ||
| Fred Meyer | corporate director | 2010-01 | ||
| Haney Vincent | corporate officer | 2021-04 | ||
| James Santana | operational/managerial control | 2022-01 | ||
| Jeffrey Graff | corporate officer | 2014-09 | ||
| Jose Vivero | corporate director | 2009-01 | ||
| Kurt Stonesifer | corporate director | 2009-01 | ||
| Lynn Addiscott | corporate officer | 2010-06 | ||
| Marisa Farabaugh | corporate officer | 2026-04 | ||
| Michael Saunders | corporate officer | 2010-06 | ||
| Robert Foltz | corporate officer | 2014-09 | ||
| Ryan Quattlebaum | corporate director | 2025-03 |
Showing 25 of 33. Full list via /api/targets/100173.
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 |