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Short-term acute care hospital · Fort Walton Beach, Florida · 244 beds · CMS certification number 100223

HCA Florida Fort Walton-Destin Hospital

Its Medicare cost reports, read cell by cell. Latest filing: fiscal year ended May 31, 2025, amended, stamped by CMS September 16, 2026. 29 years on file, every one shown below.

Fiscal 2025 at a glance

Net patient revenue
$386.8M
$386,840,223 · G-3 line 3
Operating expenses
$227.2M
$227,172,115 · G-3 line 4
Result from patient care
$159.7M
$159,668,108 · G-3 line 5
Margin on patient care
41.3%
line 5 ÷ line 3, same filing

What stands out

  • Net patient revenue rose from $90.5M in its first year on file (1997) to $386.8M in 2025.
  • Its result from patient care: $137.8M (2023), $152.4M (2024), $159.7M (2025).
  • 1 of the 5 short-term acute care hospital peers below with a margin on file also reports a gain on patient care for fiscal year 2025.
  • GALEN HOLDCO LLC holds 100% of it, on its Medicare enrollment.

Every statement is drawn from figures on this page; nothing is estimated.

29 years of filings

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

Net patient revenueOperating expenses
1997
as submitted
$90.5M
$64.7M
1998
as submitted
$78.2M
$68.4M
1999
as submitted
$100.9M
$79.4M
2000
as submitted
$112.2M
$77.8M
2001
as submitted
$125.4M
$83.3M
2002
reopened
$149.2M
$95.5M
2003
reopened
$148.9M
$103.6M
2004
reopened
$167.7M
$129.7M
2005
reopened
$196.0M
$148.7M
2006
reopened
$215.7M
$159.0M
2007
reopened
$219.5M
$156.9M
2008
reopened
$207.0M
$148.8M
2009
reopened
$218.1M
$149.5M
2010
reopened
$214.2M
$134.7M
2011
reopened
$218.2M
$136.9M
2012
reopened
$176.6M
$127.4M
2013
reopened
$185.6M
$119.5M
2014
reopened
$192.0M
$124.9M
2015
reopened
$207.0M
$144.3M
2016
reopened
$227.5M
$177.5M
2017
settled
$236.3M
$179.2M
2018
settled
$262.4M
$188.8M
2019
settled
$309.7M
$213.6M
2020
settled
$303.7M
$216.5M
2021
reopened
$327.0M
$205.4M
2022
settled
$343.6M
$238.4M
2023
settled
$361.3M
$223.5M
2024
settled
$369.4M
$217.0M
2025
amended
$386.8M
$227.2M

Beside its peers

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

HospitalBedsNet patient revenueOperating expensesMargin
HCA Florida Fort Walton-Destin Hospital244$386,840,223$227,172,11541.3%
Adventhealth Port Charlotte, Port Charlotte247$165,723,136$227,362,027−37.2%
Coral Gables Hospital, Coral Gables245$65,818,905$103,856,585−57.8%
HCA Florida Westside Hospital, Plantation250$374,158,656$207,927,25144.4%
Jupiter Medical Center, Jupiter242$479,758,918$503,770,473−5.0%
Tampa General Hospital Brooksville, Brooksville244$203,490,002$233,066,842−14.5%

Patients and payers

Discharges
11,767
S-3 line 14, col 15
Inpatient days
55,182
S-3 line 14, col 8
Beds in use, on an average day
151.6
days ÷ days in year
Occupancy
62.0%
days ÷ bed days
Medicare share of days
33.6%
S-3 cols 6 ÷ 8

Who owns it

  • GALEN HOLDCO LLC100%
  • HCA HEALTHCARE INC100%
  • HCA INC100%
  • HEALTHTRUST INC - THE HOSPITAL COMPANY100%
  • HERCULES HOLDING II22%
  • FRISCO HOLDING II12%

Related organizations on its own cost report: HCA, hospital mgmt; HCI, insurance; SUPPLY CHAIN, purchasing; HTI GPO, purchasing; HEALTHSTREAM, internet train.

Type of control on its cost report: proprietary, corporation.

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 100223. 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 September 16, 2026.