Hca Florida South Shore Hospital
Sun City Center, Hillsborough County, FL
· CCN 100259
Licensed to Sun City Hospital Inc
Composite
68.2
rank score
Distress
73
FY2024
Fit
88
vs thesis
Estimated ticket
$48.3M–$193M
138 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio under 1.5
- debt above 85% of assets
- occupancy 45-60%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- moderate occupancy
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $98.8M |
| Operating margin | -6.7% |
| Total margin | -6.1% |
| Days cash on hand | 0 |
| Current ratio | 1.04 |
| Occupancy | 58% |
Facility
| Beds | 138 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 138 | $79.7M | $172K | -0.2% | 0.2% | 0 | 1.78 | 51% | 6,045 | 48 |
| 2022 | 138 | $83.5M | $-1.2M | -1.9% | -1.4% | 0 | 1.37 | 53% | 6,119 | 56 |
| 2023 | 138 | $86.1M | $-8.6M | -10.6% | -10.0% | 0 | 1.41 | 53% | 6,158 | 80 |
| 2024 | 138 | $98.8M | $-6.1M | -6.7% | -6.1% | 0 | 1.04 | 58% | 6,577 | 73 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Hca Healthcare Inc | 5% or greater indirect ownership interest | 100 | 2017-05 | |
| Hca Inc | 5% or greater indirect ownership interest | 100 | 2007-05 | |
| Hca Squared Llc | 5% or greater indirect ownership interest | 100 | 2011-10 | |
| Healthtrust Inc - The Hospital Company | 5% or greater indirect ownership interest | 100 | 2007-05 | |
| Tampa Bay Health System Inc | 5% or greater direct ownership interest | 100 | 2007-05 | |
| Healthserv Acquisition Llc | 5% or greater indirect ownership interest | 36 | 2007-05 | |
| Hospital Corp Llc | 5% or greater indirect ownership interest | 26 | 2007-05 | |
| Galen Holdco Llc | 5% or greater indirect ownership interest | 24 | 2007-05 | |
| Frisco Holding Ii | 5% or greater indirect ownership interest | 16 | 2026-02 | |
| Hercules Holding Ii | 5% or greater indirect ownership interest | 14 | 2026-02 | |
| Brad Spicer | corporate officer | 2023-01 | ||
| Catherine Edmisten | corporate officer | 2023-01 | ||
| Catherine Edmisten | operational/managerial control | 2023-01 | ||
| Christopher Wyatt | corporate officer | 2016-04 | ||
| Christopher Wyatt | corporate director | 2016-04 | ||
| Deborah Mullin | corporate officer | 2010-01 | ||
| Douglas Downey | corporate officer | 2014-04 | ||
| Eric Smith | w-2 managing employee | 2021-03 | ||
| Henry Maxwell | corporate officer | 2024-01 | ||
| Jaime Derensis | corporate officer | 2020-11 | ||
| Jeffery Mcinturff | corporate officer | 2021-11 | ||
| John Franck | corporate officer | 2007-05 | ||
| John Franck | corporate director | 2007-05 | ||
| John Hackett | corporate officer | 2016-04 | ||
| John Starling | corporate officer | 2019-10 |
Showing 25 of 45. Full list via /api/targets/100259.
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 |