Aspire Health Partners Inc
Orlando, Orange County, FL
· CCN 104067
Licensed to Aspire Health Partners, Inc.
Composite
52.2
rank score
Distress
40
FY2024
Fit
86
vs thesis
Estimated ticket
$24.8M–$99.0M
90 beds ·
within envelope
Ownership
nonprofit
PH
Why it ranks here
- operating margin negative
- total margin under 2%
- 30-60 days cash on hand
- occupancy 45-60%
- margin deteriorating
- urban — higher occupancy and iteration surface
- specialty facility — narrower problem scope
- bed count in the target band
- ticket size somewhat below the envelope
- moderate occupancy
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $106M |
| Operating margin | -2.5% |
| Total margin | 1.4% |
| Days cash on hand | 35 |
| Current ratio | 2.99 |
| Occupancy | 51% |
Facility
| Beds | 90 |
| Facility type | PH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $275K |
| Per-bed (high) | $1.1M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 90 | $99.0M | $5.8M | -0.3% | 5.5% | 79 | 3.42 | 43% | 2,675 | 31 |
| 2022 | 90 | $97.5M | $2.0M | 0.8% | 2.0% | 67 | 5.77 | 45% | 2,589 | 22 |
| 2023 | 90 | $103M | $2.5M | -0.3% | 2.4% | 65 | 5.17 | 47% | 2,409 | 28 |
| 2024 | 90 | $106M | $1.6M | -2.5% | 1.4% | 35 | 2.99 | 51% | 3,615 | 40 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Babette Hankey | corporate officer | 2019-01 | ||
| Babette Hankey | operational/managerial control | 2019-01 | ||
| Linda Damm | corporate officer | 2020-03 | ||
| Scott Griffiths | corporate officer | 2017-07 |
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 |
|---|---|---|---|---|
| 2025-07-01 | 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 |