dealflow
envelope $200M

← Targets

Viera Hospital Inc

Viera, Brevard County, FL · CCN 100315
Licensed to Viera Hospital, Inc.

Composite
35.4
rank score
Distress
0
FY2023
Fit
88
vs thesis
Estimated ticket
$42.0M–$168M
84 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • urban — higher occupancy and iteration surface
  • bed count in the target band
  • ticket size uses the capital envelope well
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$179M
Operating margin 17.3%
Total margin 19.4%
Days cash on hand 448
Current ratio 7.79
Occupancy74%

Facility

Beds84
Facility typeSTH
Settingurban
Ownership classnonprofit
Per-bed (low) $500K
Per-bed (high) $2.0M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 84 $124M $19.8M 10.6% 15.1% 398 4.74 57% 5,014 2
2021 84 $146M $36.7M 20.3% 23.9% 463 4.22 67% 5,297 0
2022 84 $163M $33.0M 16.9% 19.6% 432 4.87 70% 6,008 0
2023 84 $179M $35.6M 17.3% 19.4% 448 7.79 74% 6,352 0

Owners

OwnerRole%SinceType
Alan Prestwood corporate director 2014-01
Dana Kiborne corporate director 2017-10
Health First Shared Services, Inc
Rockledge, FL
operational/managerial control 2020-09
James Shaw corporate director 2011-04
Joseph Gurri corporate director 2018-01
Kristen Pulio corporate officer 2024-09
Larry Bishop corporate director 2022-10
Nathan Allison corporate director 2018-01
Nicholas Romanello corporate officer 2017-06
Nicholas Romanello w-2 managing employee 2017-06
Robert Henry corporate director 2018-01
Scott Mikuen other 2019-01
T. Kent Smith corporate director 2020-10
Terry Forde corporate officer 2024-08

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