Curahealth Jacksonville Llc
dba Pam Health Specialty Hospital Of Jacksonville ·
Jacksonville, Duval County, FL
· CCN 102012
Licensed to Curahealth Jacksonville Llc
Composite
46.9
rank score
Distress
32
FY2024
Fit
76
vs thesis
Estimated ticket
$32.1M–$128M
107 beds ·
within envelope
Ownership
for-profit
LTCH
Why it ranks here
- under 30 days cash on hand
- debt above 70% of assets
- occupancy below 30%
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- LTCH — distress here is a payment-model artifact
- bed count in the target band
- ticket size uses the capital envelope well
- very low occupancy — limited volume to learn from
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $22.1M |
| Operating margin | 8.6% |
| Total margin | 10.9% |
| Days cash on hand | 0 |
| Current ratio | 4.67 |
| Occupancy | 30% |
Facility
| Beds | 107 |
| Facility type | LTCH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $300K |
| Per-bed (high) | $1.2M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 107 | $10.4M | $80.0K | -5.1% | 0.7% | — | 0.95 | 22% | 217 | 61 |
| 2022 | 107 | $13.1M | $-2.5M | -30.6% | -17.2% | 0 | 3.40 | 24% | 295 | 87 |
| 2023 | 107 | $18.8M | $-220K | -6.5% | -1.1% | 0 | 1.31 | 26% | 421 | 72 |
| 2024 | 107 | $22.1M | $2.5M | 8.6% | 10.9% | 0 | 4.67 | 30% | 425 | 32 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Curahealth Jacksonville Holdco Llc | 5% or greater direct ownership interest | 100 | 2018-02 | |
| Pam Cubed Llc | 5% or greater indirect ownership interest | 100 | 2021-11 | chain |
| Brittany Misitano | 5% or greater indirect ownership interest | 68 | 2021-11 | |
| Curahealth Jacksonville Blocker Corp | 5% or greater indirect ownership interest | 28 | 2018-02 | |
| Pam Health Blocker Purchaser Inc. | 5% or greater indirect ownership interest | 28 | 2021-11 | |
| Anthony Misitano | corporate officer | 2021-11 | ||
| Brittany Misitano | corporate officer | 2021-11 | ||
| Curahealth Jacksonville Holdco Llc | operational/managerial control | 2018-02 | ||
| Karick Stober | corporate officer | 2021-11 | ||
| Pam Cubed Llc | other | 2024-04 | chain | |
| Robert Mallicoat | w-2 managing employee | 2026-05 | ||
| Wells Fargo Bank, N.a. | 5% or greater security interest | 2024-07 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2018-04-01 | change of ownership | Curahealth Jacksonville Llc | Memorial Healthcare Group Inc |
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 |
|---|---|---|---|---|
| 2019-09-30 | Pam Specialty Hospital Of Sarasota Llc | New Lifecare Hospitals Of Sarasota, Llc | Pam Specialty Hospital Of Sarasota | 40 |
| 2019-04-03 | Select Specialty Hospital - Miami... | Promise Hospital Of Dade, Inc. | Ssh - Miami Lakes | 60 |
| 2019-04-03 | Select Specialty Hospital - The... | Promise Hospital Of Florida At The... | Ssh - The Villages | 40 |
| 2019-04-03 | Select Specialty Hospital - Fort... | Promise Hospital Of Lee, Inc. | Ssh - Fort Myers | 60 |
| 2018-04-01 | Curahealth Jacksonville Llc | Memorial Healthcare Group Inc | Curahealth Jacksonville Llc | 107 |