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Short-term acute care hospital · Destin, Florida · 80 beds · CMS certification number 100292

Ascension Sacred Heart Emerald Coast

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended June 30, 2025, as submitted, stamped by CMS July 14, 2026. 23 years on file, every one shown below. Also on the 340B covered-entity register.

Fiscal 2025 at a glance

Net patient revenue
$202.5M
$202,478,059 · G-3 line 3
Operating expenses
$168.7M
$168,725,652 · G-3 line 4
Result from patient care
$33.8M
$33,752,407 · G-3 line 5
Margin on patient care
16.7%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $9.6M in its first year on file (2003) to $202.5M in 2025.
  • Its result from patient care: $30.3M (2023), $33.8M (2024), $33.8M (2025).
  • 4 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 15.5% of its inpatient days and Medicare for 28.7%.
  • 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.

23 years of filings

Net patient revenue against operating expenses, each year as filed.

Net patient revenueOperating expenses
2003
settled
$9.6M
$14.8M
2004
reopened
$27.9M
$30.8M
2005
reopened
$39.1M
$36.7M
2006
settled
$41.0M
$40.3M
2007
settled
$48.1M
$45.3M
2008
settled
$70.4M
$68.4M
2009
reopened
$94.4M
$86.7M
2010
reopened
$90.6M
$91.6M
2011
reopened
$95.5M
$94.7M
2012
reopened
$94.3M
$96.3M
2013
reopened
$111.6M
$97.7M
2014
reopened
$102.6M
$84.2M
2015
reopened
$104.5M
$87.3M
2016
settled
$119.3M
$91.6M
2017
settled
$121.4M
$99.9M
2018
settled with audit
$128.1M
$110.1M
2019
settled
$128.1M
$109.2M
2020
settled
$120.1M
$111.4M
2021
settled
$148.3M
$123.3M
2022
settled
$165.9M
$148.5M
2023
settled
$187.9M
$157.6M
2024
settled
$198.2M
$164.4M
2025
as submitted
$202.5M
$168.7M

Beside its peers

Short-term acute care hospitals in Florida with 50 to 99 beds, each on fiscal year 2025.

HospitalBedsNet patient revenueOperating expensesMargin
Ascension Sacred Heart Emerald Coast80$202,478,059$168,725,65216.7%
Adventhealth Dade City, Dade City75$110,706,382$102,123,2937.8%
Bartow Regional Medical Center, Bartow72$129,694,208$105,953,42718.3%
Baycare Hospital Wesley Chapel, Wesley Chapel86$113,769,963$114,168,287−0.4%
Santa Rosa Medical Center, Milton87$105,351,593$86,227,57818.1%
Orlando Health St. Cloud Hospital, St. Cloud82$147,960,034$144,701,3302.2%

Patients and payers

Discharges
6,318
S-3 line 14, col 15
Inpatient days
19,598
S-3 line 14, col 8
Beds in use, on an average day
53.8
days ÷ days in year
Occupancy
67.1%
days ÷ bed days
Medicare share of days
28.7%
S-3 cols 6 ÷ 8
Medicaid share of days
15.5%
S-3 cols 7 ÷ 8

Who owns it

  • SACRED HEART HEALTH SYSTEM INC100%

Related organizations on its own cost report: SACRED HEART HE (100%), home office; ASCENSION HEALT (100%), home office.

Other hospitals with the same owner: Ascension Sacred Heart Pensacola (FL), Ascension Sacred Heart Bay (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 100292. 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 July 14, 2026.