dealflow
envelope $200M

← Targets

South Florida State Hospital

Pembroke Pines, Dade County, FL · CCN 104001
Licensed to Florida Department Of Children And Families

Composite
70.6
rank score
Distress
86
FY2024
Fit
80
vs thesis
Estimated ticket
$9.6M–$38.5M
50 beds · within envelope
Ownership
government
PH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • margin deteriorating sharply
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • bed count in the target band
  • small ticket — deploys little of the available capital
  • strong occupancy — good iteration surface
  • government-owned — public process likely

Latest financials · FY2024

Net patient revenue$1.6M
Operating margin -2,589.7%
Total margin -2,589.7%
Days cash on hand
Current ratio
Occupancy94%

Facility

Beds50
Facility typePH
Settingurban
Ownership classgovernment
Per-bed (low) $192K
Per-bed (high) $770K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 42 $1.8M $-30.2M -1,701.5% -1,701.5% 8 17.67 100% 26 67
2022
2023 50 $1.8M $-37.5M -2,115.3% -2,115.3% 6 0.08 99% 29 91
2024 50 $1.6M $-40.5M -2,589.7% -2,589.7% 94% 43 86

Owners

OwnerRole%SinceType
Recsol Recovery Solutions Llc
Nashville, TN
operational/managerial control 100 2025-04
Melvin Lozano w-2 managing employee 2018-11
Rena Flynn w-2 managing employee 2024-04
Roland Peltier w-2 managing employee 2025-02
Roland Peltier operational/managerial control 2025-02

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
2025-07-01 9001 Tamiami Trail Opco, Llc Willough Healthcare Inc The Willough At Naples 87
2019-06-03 Southern Winds Hospital Llc Southern Winds Health Llc Southern Winds Hospital Llc 72