Short-term acute care hospital · Panama City, Florida · 149 beds · CMS certification number 100026
Ascension Sacred Heart Bay
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS June 22, 2026. 30 years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $98.7M in its first year on file (1996) to $241.8M in 2025.
- Its result from patient care: −$13.0M (2023), −$22.9M (2024), −$6.4M (2025).
- None of the 5 short-term acute care hospital peers below with a margin on file reports a loss on patient care for fiscal year 2025.
- Medicaid paid for 2.5% of its inpatient days and Medicare for 30.4%.
- SACRED HEART HEALTH SYSTEM INC holds 100% of it, on its Medicare enrollment.
Every statement is drawn from figures on this page; nothing is estimated.
30 years of filings
Net patient revenue against operating expenses, each year as filed.
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as submitted
Beside its peers
Short-term acute care hospitals in Florida with 100 to 199 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Ascension Sacred Heart Bay | 149 | $241,759,715 | $248,190,831 | −2.7% |
| Adventhealth Zephyrhills, Zephyrhills | 149 | $293,295,477 | $271,573,110 | 7.4% |
| Cape Canaveral Hospital, Cocoa Beach | 150 | $223,666,406 | $215,714,768 | 3.6% |
| HCA Florida University Hospital, Davie | 155 | $195,087,581 | $167,387,278 | 14.2% |
| HCA Florida Woodmont Hospital, Tamarac | 186 | $182,787,205 | $119,562,784 | 34.6% |
| Homestead Hospital, Homestead | 146 | $332,268,272 | $316,283,173 | 4.8% |
Patients and payers
- Discharges
- 9,492S-3 line 14, col 15
- Inpatient days
- 45,381S-3 line 14, col 8
- Beds in use, on an average day
- 124.7days ÷ days in year
- Occupancy
- 83.5%days ÷ bed days
- Medicare share of days
- 30.4%S-3 cols 6 ÷ 8
- Medicaid share of days
- 2.5%S-3 cols 7 ÷ 8
Who owns it
- SACRED HEART HEALTH SYSTEM INC100%
Related organizations on its own cost report: SH HEALTH (100%), home office; AH HEALTH (100%), home office.
Other hospitals with the same owner: Ascension Sacred Heart Pensacola (FL), Ascension Sacred Heart Emerald Coast (FL), Ascension Sacred Heart Gulf (FL).
Type of control on its cost report: voluntary nonprofit, church.
Owners of 5% or more, from CMS’s hospital ownership file (Medicare enrollment, October 1, 2026).
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Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2024.ZIP, form CMS-2552-10, filed under CMS certification number 100026. Patients and payers: worksheet S-3 Part I of the same filing. Ownership: CMS Hospital All Owners and Hospital Enrollments.
How this page was built: the CMS Medicare cost report, file HOSP10FY2024.ZIP, read June 22, 2026.