Adventhealth Wauchula
Wauchula, Hardee County, FL
· CCN 101300
Licensed to Adventist Health System-Sunbelt Inc
Composite
36.3
rank score
Distress
20
FY2023
Fit
64
vs thesis
Estimated ticket
$2.1M–$4.2M
25 beds ·
within envelope
Ownership
nonprofit
CAH
Why it ranks here
- under 30 days cash on hand
- part of a multi-hospital chain — divestiture candidate
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2023
| Net patient revenue | $38.5M |
| Operating margin | 15.5% |
| Total margin | 17.4% |
| Days cash on hand | 0 |
| Current ratio | 1.70 |
| Occupancy | 88% |
Facility
| Beds | 25 |
| Facility type | CAH |
| Setting | rural |
| Ownership class | nonprofit |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $26.8M | $2.1M | 6.3% | 7.9% | 0 | 1.77 | 91% | 10 | 22 |
| 2021 | 25 | $33.1M | $4.6M | 12.3% | 13.7% | 0 | 1.75 | 94% | 35 | 22 |
| 2022 | 25 | $35.5M | $4.3M | 10.0% | 11.8% | 0 | 1.71 | 92% | 105 | 22 |
| 2023 | 25 | $38.5M | $6.9M | 15.5% | 17.4% | 0 | 1.70 | 88% | 97 | 20 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Adventist Health System Sunbelt Healthcare Corporation | 5% or greater indirect ownership interest | 100 | 2000-05 | chain |
| Adventist Health System Sunbelt Inc | 5% or greater direct ownership interest | 100 | 2000-05 | |
| Catherine Cornelius | corporate director | 2005-08 | ||
| Dini Rada | corporate director | 2024-08 | ||
| Fred Hawkins | corporate director | 2023-12 | ||
| James Santana | operational/managerial control | 2022-01 | ||
| Jason Dunkel | contracted managing employee | 2022-07 | ||
| Jason Dunkel | corporate officer | 2022-12 | ||
| Jason Dunkel | corporate director | 2022-08 | ||
| Jason Dunkel | operational/managerial control | 2022-07 | ||
| Jeffrey Chilson | contracted managing employee | 2025-09 | ||
| Jeffrey Chilson | corporate officer | 2025-09 | ||
| Jeffrey Chilson | operational/managerial control | 2025-09 | ||
| Jennifer Wandersleben | corporate officer | 2021-12 | ||
| Jennifer Wandersleben | corporate director | 2021-12 | ||
| Richard Campbell | corporate director | 2013-12 | ||
| Richard Justice | corporate director | 2008-09 | ||
| Terry Atchley | corporate director | 2013-12 | ||
| Thomas Shimshak | corporate director | 2020-12 | ||
| Timothy Clark | corporate director | 2022-12 | ||
| Timothy Sheehan | corporate director | 2009-12 | ||
| William Chen | corporate director | 2022-02 | ||
| William Fields | corporate director | 2023-02 | ||
| William Jarrett | corporate director | 2007-09 | ||
| Witford Reid | corporate director | 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.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2017-07-01 | Fishermen's Health Inc | Fishermen's Hospital, Inc. | Fishermens Hospital | 8 |