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The Springs at Boca Ciega Bay

1255 Pasadena Ave S, South Pasadena, FL 33707 · CCN 105537
Skilled Nursing Operator: Summitt Care II (9 sites) For-profit
Annual revenue
$11.5M
EBITDAR margin
2.3%
Occupancy
72%
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Revenue trend

FY19 $12.9MFY20 $11.3MFY21 $11.3MFY22 $12.7MFY23 $13.9MFY24 $11.5M

How it compares

The Springs at Boca Ciega Bay reports $11.5M in annual revenue — 18% below the Florida skilled nursing median of $14.0M (across 595 rated providers).

Its ebitdar margin of 2.3% runs 10.5 pts below the state median (12.7%).

CMS quality ratings

Overall rating2/5
Staffing1/5
Health inspection1/5

Full comp set & historical detail

594 comparable Skilled Nursing providers · year-by-year financials · cost structure · distributions

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