Hospital · Long-term care hospital
Who owns Select Specialty Hospital - Panama City?
615 N Bonita Ave · Panama City, FL · 32401
Overview
Beds30
Discharges382cost report 2025
Occupancy85%inpatient days ÷ bed days
Employees (FTE)91
Select Specialty Hospital - Panama City is a long-term care hospital in Panama City, Florida, operated by Select Specialty Hospital - Panama City Inc. Bay County has 5 hospitals, 5 nursing homes and 10 urgent care centers.
Ownership
Select Specialty Hospital - Panama City is operated by Select Specialty Hospital - Panama City Inc, part of Select Medical.
- Operator
- Select Specialty Hospital - Panama City Inc
- Owner group
- Select Medical
- Ownership type
- Private For Profit
- Sources
- CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph · 2026-10-25
- SEC filing · 2026-02-19
- CMS record · 2024
Ownership history
Every dated change of operator and owner for Select Specialty Hospital - Panama City, with the source for each.
Full ownership tree of Select Medical
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 2025.
| Net patient revenue | $19.7M |
| Operating expenses | $16.6M |
| Net income | $941K |
| Net income as a share of net patient revenue | 4.8% |
Payer mix by inpatient days (2025)
- Medicare 50.4%
- Commercial and other 48.5%
- Medicaid 1.1%
Location and market
- Address
- 615 N Bonita Ave · Panama City, FL · 32401
- County
- Bay County
- State
- Florida
Hospitals in the county5
Nursing homes5
Urgent care centers10
Nearby hospitals
| Name | City | Distance |
|---|---|---|
| Ascension Sacred Heart Bay | Panama City | 0.0 mi |
| Emerald Coast Behavioral Hospital | Panama City | 1.8 mi |
| Encompass Health Rehabilitation Hospital Of Panama | Panama City | 2.0 mi |
| Hca Florida Gulf Coast Hospital | Panama City | 2.4 mi |
Sources and identifiers
- Operator: CMS Hospital Enrollments and All Owners (PECOS): hospital ownership graph · SEC filing · CMS record
- Finances and payer mix: CMS hospital cost reports (HCRIS), fiscal year 2025
- Ownership type and beds: CMS Provider of Services file
- Location: CMS and Census Bureau geography
- CMS certification number
- 102017
- NPI
- 1194725713
- Last confirmed
- 2026-10-23
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