Medical Center Of Deltona
dba Halifax Health Uf Health Medical Center Of Deltona ·
Deltona, Volusia County, FL
· CCN 100330
Licensed to Medical Center Of Deltona, Inc.
Composite
59.6
rank score
Distress
67
FY2023
Fit
74
vs thesis
Estimated ticket
$18.3M–$73.1M
43 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- 90-150 days cash on hand
- current liabilities exceed current assets
- liabilities exceed assets
- occupancy 30-45%
- urban — higher occupancy and iteration surface
- small but workable bed count
- ticket size somewhat below the envelope
- thin occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $46.4M |
| Operating margin | -37.1% |
| Total margin | -28.6% |
| Days cash on hand | 105 |
| Current ratio | 0.99 |
| Occupancy | 45% |
Facility
| Beds | 43 |
| Facility type | STH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 43 | $11.4M | $-14.6M | -160.9% | -96.8% | 168 | 1.15 | 22% | 564 | 68 |
| 2021 | 43 | $36.9M | $-2.4M | -43.6% | -4.8% | 126 | 1.17 | 44% | 1,402 | 64 |
| 2022 | 43 | $45.4M | $-8.4M | -30.2% | -16.5% | 89 | -1.06 | 39% | 1,534 | 73 |
| 2023 | 43 | $46.4M | $-14.1M | -37.1% | -28.6% | 105 | 0.99 | 45% | 2,005 | 67 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Halifax Hospital Medical Center | operational/managerial control | 50 | 2019-12 | |
| Andrea Kurak | corporate director | 2019-09 | ||
| Halifax Hospital Medical Center | 5% or greater direct ownership interest | 2019-07 | ||
| Jeffrey Feasel | corporate officer | 2019-07 | ||
| Jeffrey Feasel | corporate director | 2019-09 | ||
| Jeffrey Feasel | operational/managerial control | 2019-07 | ||
| Shawn Remington | corporate officer | 2023-12 | ||
| Shawn Remington | w-2 managing employee | 2023-12 |
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 |