Short-term acute care hospital · Tavares, Florida · 288 beds · CMS certification number 100057
Adventhealth Waterman
Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended December 31, 2025, as submitted, stamped by CMS June 24, 2026. 30 years on file, every one shown below.
Fiscal 2025 at a glance
What stands out
- Net patient revenue rose from $75.1M in its first year on file (1996) to $492.3M in 2025.
- Its result from patient care: $8.8M (2023), $49.3M (2024), $67.5M (2025).
- 2 of the 5 short-term acute care hospital peers below with a margin on file also report a gain on patient care for fiscal year 2025.
- Medicaid paid for 1.4% of its inpatient days and Medicare for 33.8%.
- ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION 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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Beside its peers
Short-term acute care hospitals in Florida with 200 to 399 beds, each on fiscal year 2025.
| Hospital | Beds | Net patient revenue | Operating expenses | Margin |
|---|---|---|---|---|
| Adventhealth Waterman | 288 | $492,333,678 | $424,786,807 | 13.7% |
| Ascension St. Vincent's Riverside, Jacksonville | 289 | $477,808,088 | $457,144,530 | 4.3% |
| Baptist Hospital, Pensacola | 293 | $654,410,532 | $717,012,424 | −9.6% |
| HCA Florida Northwest Hospital, Margate | 286 | $361,075,636 | $245,025,827 | 32.1% |
| Holy Cross Hospital, Fort Lauderdale | 286 | $686,138,752 | $699,371,821 | −1.9% |
| Orlando Health Bayfront Hospital, St Petersburg | 292 | $478,226,842 | $494,297,319 | −3.4% |
Patients and payers
- Discharges
- 19,219S-3 line 14, col 15
- Inpatient days
- 73,838S-3 line 14, col 8
- Beds in use, on an average day
- 202.9days ÷ days in year
- Occupancy
- 70.2%days ÷ bed days
- Medicare share of days
- 33.8%S-3 cols 6 ÷ 8
- Medicaid share of days
- 1.4%S-3 cols 7 ÷ 8
Who owns it
- ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION100%
Related organizations on its own cost report: ADVENTHEALTH CO (100%), home office; ADVENTHEALTH DA (100%), shared services.
Other hospitals with the same owner: Adventhealth Porter (CO), Adventhealth Avista (CO), Adventhealth Littleton (CO), Adventhealth Parker (CO), Adventhealth Castle Rock (CO), Encompass Health Rehabilitation Hospital of Littleton (CO), Adventhealth Orlando (FL), Adventhealth New Smyrna Beach (FL), Adventhealth Deland (FL), Adventhealth Zephyrhills (FL), Adventhealth North Pinellas (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 HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 100057. 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 HOSP10FY2025.ZIP, read June 24, 2026.