Velarion Records

Short-term acute care hospital · Ocala, Florida · 351 beds · CMS certification number 100062

Adventhealth Ocala

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended September 30, 2025, as submitted, stamped by CMS March 5, 2026. 30 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$627.0M
$627,012,480 · G-3 line 3
Operating expenses
$550.1M
$550,055,503 · G-3 line 4
Result from patient care
$77.0M
$76,956,977 · G-3 line 5
Margin on patient care
12.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $117.7M in its first year on file (1996) to $627.0M in 2025.
  • Its result from patient care: $4.7M (2023), $36.0M (2024), $77.0M (2025).
  • All 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 4.0% of its inpatient days and Medicare for 20.1%.
  • 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.

Net patient revenueOperating expenses
1996
reopened
$117.7M
$115.8M
1997
reopened
$138.7M
$118.9M
1998
reopened
$155.3M
$150.0M
1999
reopened
$175.1M
$172.1M
2000
reopened
$186.7M
$183.0M
2001
reopened
$199.0M
$198.6M
2002
reopened
$223.1M
$223.0M
2003
reopened
$235.3M
$240.0M
2004
reopened
$241.2M
$243.9M
2005
reopened
$247.0M
$248.0M
2006
reopened
$243.3M
$251.0M
2007
reopened
$247.0M
$265.5M
2008
reopened
$261.5M
$278.0M
2009
reopened
$253.0M
$278.7M
2010
settled
$292.5M
$294.4M
2011
settled with audit
$287.8M
$296.3M
2012
settled
$294.6M
$306.1M
2013
reopened
−$1.3B
$319.2M
2014
settled
$180.1M
$170.9M
2015
settled
$340.7M
$351.0M
2016
settled
$272.5M
$267.9M
2017
settled
$254.5M
$278.0M
2018
reopened
$217.6M
$240.2M
2019
reopened
$312.2M
$363.6M
2020
reopened
$311.6M
$331.9M
2021
as submitted
$367.4M
$360.4M
2022
as submitted
not filed
$411.9M
2023
as submitted
$437.1M
$432.4M
2024
as submitted
$524.6M
$488.6M
2025
as submitted
$627.0M
$550.1M

Beside its peers

Short-term acute care hospitals in Florida with 200 to 399 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Adventhealth Ocala351$627,012,480$550,055,50312.3%
Delray Medical Center, Delray Beach352$560,080,973$521,032,7017.0%
HCA Florida Blake Hospital, Bradenton355$358,843,540$289,754,81319.3%
HCA Florida Oak Hill Hospital, Spring Hill349$388,281,065$234,678,06539.6%
HCA Florida Osceola Hospital, Kissimmee345$620,635,379$361,035,36241.8%
HCA Florida West Hospital, Pensacola354$458,124,672$306,637,82933.1%

Patients and payers

Discharges
22,491
S-3 line 14, col 15
Inpatient days
105,836
S-3 line 14, col 8
Beds in use, on an average day
290.8
days ÷ days in year
Occupancy
75.3%
days ÷ bed days
Medicare share of days
20.1%
S-3 cols 6 ÷ 8
Medicaid share of days
4.0%
S-3 cols 7 ÷ 8

Who owns it

  • ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORPORATION100%

Related organizations on its own cost report: ADVENTHEALTH, hospital mgmt company; AH TAMPA, div & shared sv.

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).

Community benefit, as filed

From IRS Form 990 Schedule H, Part I, filed by Florida Hospital Ocala Inc (employer identification number 824372339) for tax year 2022. The return lists this hospital as its one hospital facility.

FigureAs filedWhere it comes from
Total community benefit expense (line 7k)$51,342,607IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><NetCommunityBenefitExpnsAmt>
Financial assistance at cost (line 7a)$14,156,663IRS Form 990 Schedule H, Part I, <FinancialAssistanceAtCostTyp><NetCommunityBenefitExpnsAmt>
Medicaid (line 7b)$36,075,326IRS Form 990 Schedule H, Part I, <UnreimbursedMedicaidGrp><NetCommunityBenefitExpnsAmt>
Financial assistance and means-tested government programs (line 7d)$50,231,989IRS Form 990 Schedule H, Part I, <TotalFinancialAssistanceTyp><NetCommunityBenefitExpnsAmt>
Other benefits (line 7j)$1,110,618IRS Form 990 Schedule H, Part I, <TotalOtherBenefitsGrp><NetCommunityBenefitExpnsAmt>
Total, fraction of total expense (line 7k, column f)0.1241IRS Form 990 Schedule H, Part I, <TotalCommunityBenefitsGrp><TotalExpensePct>

E-file object id 202430409349301413. The IRS archive it was read from.

Executive and director compensation, as filed

From IRS Form 990 Part VII, Section A, filed by Florida Hospital Ocala Inc (employer identification number 824372339) for tax year 2022. The return lists this hospital as its one hospital facility.

NameTitleRoleReportable comp, from this organizationReportable comp, from related organizationsOther compensation
Biri AbelDirectorTrustee/director$0$633,791$94,062
Bovell MD DonDirectorTrustee/director$368$0$0
Branson RustyDirectorTrustee/director$368$0$0
Burkhart James RCOOKey employee$511,822$0$0
Casebolt MD MarkDirectorTrustee/director$368$0$0
Copeland DarlindaFormer COOFormer$0$362,355$0
Crunk FrancesCFOOfficer$0$628,127$45,466
Didenko VadymDirector/Treasurer (End 12/22)Trustee/director$0$910,346$146,851
Donelly JosephDirectorTrustee/director$368$0$0
Ewers RonaldDirectorTrustee/director$368$0$0
Feit PaulaAVP Clinical Exc & RiskHighest-compensated employee$187,844$0$35,099
Hamilton MD TedDirectorTrustee/director$0$894,266$42,927
Harrison KevinPharmacistHighest-compensated employee$192,189$0$28,028
Johnson JoelDirector/President/CEOTrustee/director, Officer$0$839,919$92,466
Jordan KeithProcess EngineerHighest-compensated employee$24,525$176,854$35,226
Lakshminarayanan MD SureshDirectorTrustee/director$368$0$0
Maggard AmandaDirectorTrustee/director$0$571,667$126,972
McGuinness RobinFormer Key Employee/Divisional CNOFormer$0$633,401$89,768
Moore RonaldStructural Heart ManagerHighest-compensated employee$191,120$0$39,415
Norwood-Williams CarlettePharmacistHighest-compensated employee$195,087$0$28,194
Ottati DavidDirector/Divisional CEOTrustee/director, Officer$0$3,686,151$220,120
Pool CoryDirectorTrustee/director$368$0$0
Price PatriciaCNOKey employee$0$284,843$54,489
Schultz MichaelFormer Regional CEOFormer$0$566,508$10,300
Smith Jr JeremyDirectorTrustee/director$368$0$0
Sterling MD JoanDirectorTrustee/director$368$0$0
Tolbert-Rich LorethaDirectorTrustee/director$368$0$0
Torres MD MichaelCMOKey employee$0$657,216$48,251
Unto ImeldaFormer CNOFormer$0$249,367$52,505
Vermillion LynetteDirector (End 07/22)Trustee/director$0$0$0
Werner Thomas LDirectorTrustee/director$368$5,585$0

E-file object id 202430409349301413. The IRS archive it was read from.

Follow this hospital, free

We send this record now and tell you when it files again.

More short-term acute care hospitals in Florida

From the publisher of Velarion Records

Velarion Intel

Independent Decision-Grade Intelligence

Compensation and corporate governance intelligence for advisors, investors and companies. Executive and board pay for public companies, benchmarked against peers.

See what Intel shows

Figures: CMS Healthcare Cost Report Information System, file HOSP10FY2025.ZIP, form CMS-2552-10, filed under CMS certification number 100062. 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 March 5, 2026.