The Vines Hospital
Ocala, Ocala County, FL
· CCN 104071
Licensed to Ocala Behavioral Health Llc
Composite
71.0
rank score
Distress
79
FY2024
Fit
88
vs thesis
Estimated ticket
$18.9M–$75.5M
98 beds ·
within envelope
Ownership
for-profit
PH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- debt above 85% of assets
- occupancy 45-60%
- margin deteriorating sharply
- 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
- for-profit — no charitable conversion review
Latest financials · FY2024
| Net patient revenue | $15.9M |
| Operating margin | -22.0% |
| Total margin | -21.7% |
| Days cash on hand | 0 |
| Current ratio | 3.23 |
| Occupancy | 54% |
Facility
| Beds | 98 |
| Facility type | PH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $192K |
| Per-bed (high) | $770K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 98 | $15.8M | $-1.3M | -8.9% | -8.2% | 0 | 2.19 | 60% | 3,261 | 61 |
| 2022 | 98 | $14.8M | $-4.0M | -27.1% | -26.9% | 0 | 1.38 | 51% | 2,810 | 72 |
| 2023 | 98 | $15.0M | $-3.5M | -24.2% | -23.2% | 0 | 3.15 | 54% | 3,169 | 69 |
| 2024 | 98 | $15.9M | $-3.5M | -22.0% | -21.7% | 0 | 3.23 | 54% | 2,909 | 79 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Cheryl Ramagano | corporate officer | 100 | 2010-11 | |
| Cheryl Ramagano | operational/managerial control | 100 | 2010-11 | |
| George Brunner | corporate officer | 100 | 2010-11 | |
| Katharine Lyver | corporate officer | 100 | 2024-01 | |
| Matthew Klein | corporate officer | 100 | 2010-11 | |
| Matthew Peterson | corporate officer | 100 | 2019-09 | |
| Matthew Peterson | operational/managerial control | 100 | 2019-09 | |
| Premier Behavioral Solutions, Inc. | 5% or greater direct ownership interest | 100 | 2008-02 | |
| Psychiatric Solutions, Inc. | 5% or greater indirect ownership interest | 100 | 2008-02 | |
| Steve Filton | corporate officer | 100 | 2010-11 | |
| Steve Filton | operational/managerial control | 100 | 2010-11 | |
| Thomas Day | corporate officer | 100 | 2021-07 | |
| Uhs Of Delaware Inc | operational/managerial control | 100 | 2010-11 | |
| Universal Health Services Inc | 5% or greater indirect ownership interest | 100 | 2010-11 | |
| Alan Miller | 5% or greater indirect ownership interest | 86 | 2022-03 | |
| James Coleman | contracted managing employee | 50 | 2010-11 | |
| Cheryl Ramagano | corporate director | 33 | 2010-11 | |
| Matthew Peterson | corporate director | 33 | 2019-09 | |
| Steve Filton | corporate director | 33 | 2010-11 | |
| Thomas Day | corporate director | 33 | 2021-07 | |
| Clint Hauger | contracted managing employee | 2024-03 | ||
| Clint Hauger | corporate officer | 2024-03 | ||
| Teresa Felix | contracted managing employee | 2024-07 | ||
| Teresa Felix | corporate officer | 2024-07 |
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 |