PE Healthcare WatchEvidence behind healthcare control

Reviewed 2026-06-25

HCA Florida Fort Walton-Destin Hospital

Ownership, control, relationships, and source records for HCA Florida Fort Walton-Destin Hospital.
Ownership receipt

What we can say clearly

HCA Florida Fort Walton-Destin Hospital is marked as a corporate-chain case. That is separate from direct private-equity ownership, but it still belongs in the red corporate-control color family.

Finding
For-profit corporate-chain hospital
Last reviewed
2026-06-25
Evidence
9 cited sources
Documented warningPart of a corporate hospital chain

HCA Florida Fort Walton-Destin Hospital is a for-profit HCA Healthcare hospital in Fort Walton Beach. The warning shown here is corporate-chain accountability context, not a direct private-equity ownership claim; reviewed CMS and SEC sources identify HCA/HCA Healthcare ownership and parent-company compensation, while local CEO compensation was not publicly itemized.

For-profit corporate-chain hospital
Last verified Jun 2026
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Key sources

Financial assistance help

Not confirmed

We have not confirmed a Dollar For listing for this facility. This does not mean financial assistance is unavailable.

Control Map

This leads to this

Hospital ownership/control path
HCA Healthcare Inc.Health systemHCA Florida Fort Walton-Destin Hospital

Evidence limits

Red color requiredCMS CCN 100223, address match at 1000 Mar-Walt Dr, CMS enrollment NPI 1639128820, and HCA official facility page.4 ownership sources checked9 total sources below
Direct PE ownershipNo direct PE ownership claim supported by reviewed current sources
PE relationshipFor-profit public-company hospital-chain ownership; no facility-level PE contract was verified in this pass
OperatorHCA Healthcare / HCA Florida Healthcare
Population servedHCA reports 128,067 patients treated in 2024; the hospital describes itself as serving Okaloosa, Walton, and Santa Rosa counties.

Fort Walton-Destin is the HCA Florida flagship acute-care record for the Okaloosa/Walton/Santa Rosa service area in this update. It links to HCA Florida Twin Cities and the broader HCA Florida hospital family, but the corporate-chain label is not a private-equity ownership label.

Review Note

Why this page is published

cms enrollment owner chain plus hca public filings

Publish as HCA Healthcare corporate-chain control with explicit no-direct-PE-claim and local-compensation-unavailable caveats.

Ownership & Control

Detailed records, kept below the answer

Sponsor, operator, CMS legal-owner/control records, and facility are shown as separate evidence layers.

See the full ownership chain
reported ownership or operating chainHCA HealthcareHCA FLORIDA FORT WALTON-DESTIN HOSPITAL

The platform attribution comes from the research tracker and is displayed separately from CMS legal-owner rows.

owns an interest inHCA INCHCA FLORIDA FORT WALTON-DESTIN HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 05/10/2016

owns an interest inHCA HEALTHCARE INCHCA FLORIDA FORT WALTON-DESTIN HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 05/10/2016

owns an interest inHERCULES HOLDING IIHCA FLORIDA FORT WALTON-DESTIN HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 22% reported ownership · associated 09/23/2016

owns an interest inHEALTHTRUST INC - THE HOSPITAL COMPANYHCA FLORIDA FORT WALTON-DESTIN HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 05/10/2016

owns an interest inGALEN HOLDCO LLCHCA FLORIDA FORT WALTON-DESTIN HOSPITAL

5% OR GREATER DIRECT OWNERSHIP INTEREST · 100% reported ownership · associated 05/10/2016

owns an interest inFRISCO HOLDING IIHCA FLORIDA FORT WALTON-DESTIN HOSPITAL

5% OR GREATER INDIRECT OWNERSHIP INTEREST · 11.66% reported ownership · associated 05/10/2016

  • CMS owner rows establish enrolled legal ownership or control roles; they do not always name the ultimate financial sponsor.

Connections

Who owns, backs, staffs, or connects to this facility

corporate_chainHCA Healthcare Inc.public_company_parent · Parent / 100% indirect ownership layer in CMS owner records

HCA is a for-profit public company. This is corporate-chain accountability context, not a PE ownership assertion.

corporate_chainHCA Florida Twin Cities Hospitalhospital · Nearby HCA Florida partner hospital in Niceville / Okaloosa County

HCA Fort Walton-Destin describes its services in partnership with HCA Florida Twin Cities Hospital.

corporate_chainHCA Florida Healthcareregional_network · Florida HCA hospital family

This update links current CMS HCA Florida acute-care rows already present in the map and adds missing CMS rows for Citrus, Osceola, and North Florida.

System Thread

Connected facilities and system family

  • HCA FL WEST TAMPA HOSPITAL PART OF HCA FL SOUTH TAMPA HOSPITALHCA Florida Healthcare / HCA Healthcare · TAMPA, FL · Connected HCA Florida facility
  • HCA FLORIDA AVENTURA HOSPITALHCA Florida Healthcare / HCA Healthcare · AVENTURA, FL · Connected HCA Florida facility
  • HCA FLORIDA BAYONET POINT HOSPITALHCA Florida Healthcare / HCA Healthcare · HUDSON, FL · Connected HCA Florida facility
  • HCA FLORIDA BLAKE HOSPITALHCA Florida Healthcare / HCA Healthcare · BRADENTON, FL · Connected HCA Florida facility
  • HCA FLORIDA BRANDON HOSPITALHCA Florida Healthcare / HCA Healthcare · BRANDON, FL · Connected HCA Florida facility
  • HCA FLORIDA CAPITAL HOSPITALHCA Florida Healthcare / HCA Healthcare · TALLAHASSEE, FL · Connected HCA Florida facility
  • HCA FLORIDA CITRUS HOSPITALHCA Florida Healthcare / HCA Healthcare · INVERNESS, FL · Connected HCA Florida facility
  • HCA FLORIDA ENGLEWOOD HOSPITALHCA Florida Healthcare / HCA Healthcare · ENGLEWOOD, FL · Connected HCA Florida facility
  • HCA FLORIDA FAWCETT HOSPITALHCA Florida Healthcare / HCA Healthcare · PORT CHARLOTTE, FL · Connected HCA Florida facility
  • HCA FLORIDA FORT WALTON-DESTIN HOSPITALHCA Florida Healthcare / HCA Healthcare · FORT WALTON BEACH, FL · Full research dossier target
  • HCA FLORIDA GULF COAST HOSPITALHCA Florida Healthcare / HCA Healthcare · PANAMA CITY, FL · Connected HCA Florida facility
  • HCA FLORIDA HIGHLANDS HOSPITALHCA Florida Healthcare / HCA Healthcare · SEBRING, FL · Connected HCA Florida facility
  • HCA FLORIDA JFK HOSPITALHCA Florida Healthcare / HCA Healthcare · ATLANTIS, FL · Connected HCA Florida facility
  • HCA FLORIDA JFK NORTH HOSPITAL A PART OF HCA FLORIDA JFK HOSPHCA Florida Healthcare / HCA Healthcare · WEST PALM BEACH, FL · Connected HCA Florida facility
  • HCA FLORIDA KENDALL HOSPITALHCA Florida Healthcare / HCA Healthcare · MIAMI, FL · Connected HCA Florida facility
  • HCA FLORIDA LAKE CITY HOSPITALHCA Florida Healthcare / HCA Healthcare · LAKE CITY, FL · Connected HCA Florida facility
  • HCA FLORIDA LARGO HOSPITALHCA Florida Healthcare / HCA Healthcare · LARGO, FL · Connected HCA Florida facility
  • HCA FLORIDA LARGO WEST HOSPITAL A PART OF HCA FLORIDA LARGOHCA Florida Healthcare / HCA Healthcare · LARGO, FL · Connected HCA Florida facility
  • HCA FLORIDA LAWNWOOD HOSPITALHCA Florida Healthcare / HCA Healthcare · FORT PIERCE, FL · Connected HCA Florida facility
  • HCA FLORIDA LEHIGH HOSPITALHCA Florida Healthcare / HCA Healthcare · LEHIGH ACRES, FL · Connected HCA Florida facility
  • HCA FLORIDA MEMORIAL HOSPITALHCA Florida Healthcare / HCA Healthcare · JACKSONVILLE, FL · Connected HCA Florida facility
  • HCA FLORIDA MERCY HOSPITALHCA Florida Healthcare / HCA Healthcare · PLANTATION, FL · Connected HCA Florida facility
  • HCA FLORIDA NORTH FLORIDA HOSPITALHCA Florida Healthcare / HCA Healthcare · GAINESVILLE, FL · Connected HCA Florida facility
  • HCA FLORIDA NORTHSIDE HOSPITALHCA Florida Healthcare / HCA Healthcare · SAINT PETERSBURG, FL · Connected HCA Florida facility
  • HCA FLORIDA NORTHWEST HOSPITALHCA Florida Healthcare / HCA Healthcare · MARGATE, FL · Connected HCA Florida facility
  • HCA FLORIDA OAK HILL HOSPITALHCA Florida Healthcare / HCA Healthcare · BROOKSVILLE, FL · Connected HCA Florida facility
  • HCA FLORIDA ORANGE PARK HOSPITALHCA Florida Healthcare / HCA Healthcare · ORANGE PARK, FL · Connected HCA Florida facility
  • HCA FLORIDA OSCEOLA HOSPITALHCA Florida Healthcare / HCA Healthcare · KISSIMMEE, FL · Connected HCA Florida facility
  • HCA FLORIDA PALMS WEST HOSPITALHCA Florida Healthcare / HCA Healthcare · LOXAHATCHEE, FL · Connected HCA Florida facility
  • HCA FLORIDA PASADENA HOSPITAL A PART OF HCA FLORIDHCA Florida Healthcare / HCA Healthcare · SAINT PETERSBURG, FL · Connected HCA Florida facility
  • HCA FLORIDA POINCIANA HOSPITALHCA Florida Healthcare / HCA Healthcare · KISSIMMEE, FL · Connected HCA Florida facility
  • HCA FLORIDA PUTNAM HOSPITALHCA Florida Healthcare / HCA Healthcare · PALATKA, FL · Connected HCA Florida facility
  • HCA FLORIDA RAULERSON HOSPITALHCA Florida Healthcare / HCA Healthcare · OKEECHOBEE, FL · Connected HCA Florida facility
  • HCA FLORIDA SARASOTA DOCTORS HOSPITALHCA Florida Healthcare / HCA Healthcare · SARASOTA, FL · Connected HCA Florida facility
  • HCA FLORIDA SOUTH SHORE HOSPITALHCA Florida Healthcare / HCA Healthcare · SUN CITY CENTER, FL · Connected HCA Florida facility
  • HCA FLORIDA SOUTH TAMPA HOSPITALHCA Florida Healthcare / HCA Healthcare · TAMPA, FL · Connected HCA Florida facility
  • HCA FLORIDA ST PETERSBURG HOSPITALHCA Florida Healthcare / HCA Healthcare · SAINT PETERSBURG, FL · Connected HCA Florida facility
  • HCA FLORIDA TRINITY HOSPITALHCA Florida Healthcare / HCA Healthcare · TRINITY, FL · Connected HCA Florida facility
  • HCA FLORIDA TWIN CITIES HOSPITALHCA Florida Healthcare / HCA Healthcare · NICEVILLE, FL · Nearby Okaloosa partner hospital
  • HCA FLORIDA UNIVERSITY HOSPITALHCA Florida Healthcare / HCA Healthcare · DAVIE, FL · Connected HCA Florida facility
  • HCA FLORIDA WEST HOSPITALHCA Florida Healthcare / HCA Healthcare · PENSACOLA, FL · Connected HCA Florida facility
  • HCA FLORIDA WEST MARION HOSPITAL A PART OF HCA FL OCALA HOSPITALHCA Florida Healthcare / HCA Healthcare · OCALA, FL · Connected HCA Florida facility
  • HCA FLORIDA WOODMONT HOSPITALHCA Florida Healthcare / HCA Healthcare · TAMARAC, FL · Connected HCA Florida facility

Timeline

Ownership history and events

  1. Hospital founding era

    Local 50th-anniversary coverage says the hospital has operated under various names since its founding in 1974.

  2. CMS-enrolled corporation incorporated

    CMS enrollment lists Fort Walton Beach Medical Center Inc. as incorporated in Florida on April 7, 1994.

  3. CMS owner chain association date

    Current CMS all-owner rows associate HCA Inc., HCA Healthcare Inc., Healthtrust Inc. - The Hospital Company, and Galen Holdco LLC with the enrolled hospital organization.

  4. 50th anniversary and regional role reported

    Local reporting described growth to about 330 beds, 1,200 employees, and roughly 400 doctors, and noted emergency services in Destin and Navarre plus rehabilitation in Destin.

  5. HCA Florida segment revenue disclosed

    HCA Healthcare’s 2025 Form 10-K reported 47 hospitals and 27 surgery centers in Florida and $17.856 billion of Florida facility revenue for 2025.

  6. KC Donahey CEO transition

    Local coverage reported Kenneth “KC” Donahey taking the CEO role on February 1 after serving at HCA Florida Oviedo Medical Center; HCA’s current About Us page lists KC Donahey as CEO.

  7. Parent-company executive compensation disclosed

    HCA Healthcare’s 2026 proxy lists Samuel N. Hazen’s 2025 total compensation as $26,456,606. This is parent-company named-executive compensation, not local hospital CEO compensation.

  8. owns

    CMS Hospital All Owners lists HCA Inc. and HCA Healthcare Inc. as 100% indirect owners of Fort Walton Beach Medical Center Inc.; HCA’s Form 10-K reports Florida hospital operations.

  9. operates

    HCA and CMS identify the facility as HCA Florida Fort Walton-Destin Hospital, part of the HCA Florida / HCA Healthcare hospital family.

  10. contracts with

    This pass did not identify direct private-equity ownership or a facility-level PE-backed staffing/management contract; HCA’s historic PE/private-investor history is parent-company context, not current facility PE ownership.

Metrics

Financial and utilization series

MetricPeriodValueMethod note
net patient revenue to 05/31/2024$369,356,770Hospital Provider Cost Report value; compare only like fields and compatible fiscal periods.
net income to 05/31/2024$155,102,472Hospital Provider Cost Report value; no causal claim is implied.
total assets to 05/31/2024$233,049,887Hospital Provider Cost Report balance-sheet field.
total liabilities to 05/31/2024-$603,450,281Hospital Provider Cost Report balance-sheet field. HCRIS sign conventions can differ from ordinary financial-statement display.
contract labor direct patient care to 05/31/2024$6,671,710Hospital Provider Cost Report direct patient-care contract-labor field.
beds to 05/31/2024217 bedsHospital Provider Cost Report staffed bed field; HCA website separately reports 331 licensed beds.
fte employees to 05/31/2024777 FTEHospital Provider Cost Report payroll FTE field.
discharges to 05/31/202412,671 dischargesHospital Provider Cost Report total discharge field.
patient days to 05/31/202461,435 daysHospital Provider Cost Report total patient-days field.
hca florida revenue2025-01-01 to 2025-12-31$17,856,000,000HCA Healthcare 2025 Form 10-K states Florida facilities generated $17.856B in revenue in 2025.
hca ceo samuel hazen total compensation2025-01-01 to 2025-12-31$26,456,606Parent-company named-executive compensation from HCA Healthcare 2026 proxy; this is not local hospital CEO compensation.

Evidence Notes

Contradictions, limitations, and unavailable fields

Open evidence notes
ContradictionBeds

HCA About Us reports 331 licensed beds.

The latest HCRIS cost report row shows 217 beds and 295 beds plus subproviders for FY ending 05/31/2024.

Resolution: Treat as different definitions: licensed/service-line marketing statistic versus Medicare cost-report staffed/subprovider fields.
ContradictionCompensation

HCA parent-company named-executive compensation is public in the SEC proxy.

KC Donahey local hospital CEO compensation was not itemized in reviewed public sources.

Resolution: Publish parent-company compensation only, with local compensation marked unavailable.
Limitation

No direct private-equity ownership or PE-backed facility service contract was verified in this pass.

Limitation

CEO image is linked via a public article source but not hotlinked because the underlying page blocks direct automated retrieval.

Limitation

CMS owner rows include individual officer/director rows; the public dossier surfaces organization owner/control rows for readability.

Limitation

Quality metrics are point-in-time CMS group summaries and are not causal claims.

Unavailable

Local hospital CEO compensation

Unavailable

Direct, source-backed CEO image URL suitable for hotlinking

Unavailable

Complete inspection/2567 history

Unavailable

Facility-level staffing contract roster

Direct connection

HCA Healthcare

Direct connection

HCA Florida Healthcare

Direct connection

HCA Florida Twin Cities Hospital

Direct connection

Fort Walton Beach Medical Center Inc.

Direct connection

HCA Inc.

Action / event

Monitor CMS ownership rows for any new PE-company, management-services, or medical-staffing flags.

Action / event

Refresh HCA SEC proxy/10-K data after the next annual filing.

Action / event

Add local CEO image only from a stable public image URL; current article source is Cloudflare-protected for direct hotlinking.

Action / event

Consider a separate Northwest Florida market page connecting HCA, Ascension Sacred Heart Emerald Coast, North Okaloosa, North Walton Doctors, and Baptist Gulf Breeze once those non-HCA systems receive full reviews.

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Sources

Evidence and source documents