Hospital · Short-term acute hospital
Who owns Adventhealth Waterman?
1000 Waterman Way · Tavares, FL · 32778
Overview
Beds300
Discharges19,091cost report 2024
Occupancy77%inpatient days ÷ bed days
Employees (FTE)1,871
Adventhealth Waterman is a short-term acute hospital in Tavares, Florida, operated by AdventHealth.
Ownership
Adventhealth Waterman is operated by AdventHealth.
- Operator
- AdventHealth
- Owner group
- AdventHealth
- Ownership type
- Church
- Sources
- CMS Hospital All Owners · 2026-09-29
- irs_schedule_h · 202412
- CMS record · 2024
- Other published source · 2026
Ownership history
Every dated change of operator and owner for Adventhealth Waterman, with the source for each.
Full ownership tree of AdventHealth
Every entity between this facility and its ultimate owner, with ownership percentages and dates.
Finances
From the hospital's Medicare cost report, fiscal year ending 2024.
| Net patient revenue | $449.9M |
| Operating expenses | $400.6M |
| Net income | $69.7M |
| Net income as a share of net patient revenue | 15.5% |
| Uncompensated care cost | $23.3M |
| Charity care cost | $20.3M |
| Medicaid net revenue | $13.2M |
| Medicare disproportionate share percentage | 3.0% |
Payer mix by inpatient days (2024)
- Commercial and other 76.6%
- Medicare 21.6%
- Medicaid 1.9%
Services
Top inpatient services, Medicare (2024)
| Service | Discharges | Average total payment |
|---|---|---|
| Septicemia or severe sepsis without MV >96 hours with MCC · 871 | 491 | $14K |
| Heart failure and shock with MCC · 291 | 296 | $9K |
| Acute myocardial infarction, discharged alive with MCC · 280 | 150 | $12K |
| Respiratory infections and inflammations with MCC · 177 | 120 | $12K |
| Simple pneumonia and pleurisy with MCC · 193 | 103 | $10K |
Top outpatient services, Medicare (2024)
| Service | Services |
|---|---|
| Comprehensive Observation Services · 8011 | 243 |
| Level 1 Endovascular Procedures · 5191 | 221 |
| Level 2 Excision/ Biopsy/ Incision and Drainage · 5072 | 155 |
| Level 5 Musculoskeletal Procedures · 5115 | 154 |
| Level 5 Urology and Related Services · 5375 | 139 |
Medicare fee-for-service only. Small counts are suppressed by CMS.
Location and market
- Address
- 1000 Waterman Way · Tavares, FL · 32778
- State
- Florida
Sources and identifiers
- Operator: CMS Hospital All Owners · irs_schedule_h · CMS record · Other published source
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2024
- Services: CMS Medicare inpatient and outpatient utilization
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 100057
- NPI
- 1821019571
- Last confirmed
- 2026-10-23
See something wrong? Report a correction.