Long-Term Care Hospital

Ssh - Panama City Inc

Select Specialty Hospitals · Panama City, FL

615 North Bonita Avenue, Panama City, FL 324018507673180

Beds

382

Inpatient discharges a year

$19.7M

Net patient revenue a year

About this hospital

Ssh - Panama City Inc is a 30-bed hospital in Panama City, FL, affiliated with Select Specialty Hospitals.

CCN: 102017
NPI: 1194725713
Website: selectspecialtyhospitals.com
Health system: Select Specialty Hospitals
County: Bay County
Metro area: Panama City-Panama City Beach, FL MSA
Medicare contractor: Jurisdiction L, Novitas Solutions (12001)
In Medicare since: 2004
Last CMS survey: 2020

Negotiated Rates

The data below comes from CMS-mandated price transparency data. Learn more.

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Contract data may be available through direct hospital inquiry.

Insurance Accepted

Acceptance varies by plan and service. Confirm coverage with your insurer or the hospital's billing department.

More about this hospital

Doctors and services
Accredited by The Joint Commission
- 5 services
- 6 affiliated clinicians
See doctors and services
Finances
$19.7M net patient revenue
- Operating margin on patient care 16.0%
- $940,912 net income
See finances
Ownership and leadership
Owned by Select Medical Corporation
- Private (for profit)
- Matthew Presley, chief executive
See ownership and leadership

Tax IDs and NPIs insurers list

The employer identification numbers (EINs) health plans and networks list for Ssh - Panama City Inc in the in-network rate files they publish, with the organization NPIs billed under each.

Tax ID (EIN)	Plans and networks listing it	Organization NPIs
38-3647406Select Specialty Hospital	47Aetna, Cigna, United Healthcare (incl Optum, Rocky Mountain, Health Plan of Nevada, Sierra Health), Allied Benefit Systems, Ambetter and 42 more	1194725713 Select Specialty Hospital - Panama City Inc

Source: PayerPrice analysis of insurers' Transparency in Coverage in-network files. An EIN can cover several hospitals and clinics in a health system, and insurers sometimes list other organizations' NPIs under it.

Location

615 North Bonita Avenue, Panama City, FL 32401

8507673180

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Accreditation and services

The Joint Commission (since 2020)
Accreditation
None
Medical school affiliation
Private (for profit)
Ownership type
30
Medicare-certified beds
32
Registered nurses (full-time equivalent)
2004
In Medicare since

5 services at Ssh - Panama City Inc

Rehabilitation and therapy: OT (Occupational Therapy)PT (Physical Therapy)Respiratory CareSpeech Pathology
Other services: Pharmacy

Source: CMS Provider of Services file, as reported by the hospital and state surveyors.

Size and patient volume

What Ssh - Panama City Inc reported to Medicare in its latest cost report, covering Aug 1, 2024 to Jul 31, 2025.

382
Inpatient discharges
Medicare 49%, Medicaid 0%
9,312
Inpatient days
85% of available bed days used
91
Employees (full-time equivalent)

Source: CMS cost report (HCRIS) (report 827852). Figures cover the reporting period, which is not always 12 months, and are self-reported.

Utilization by payer and unit

Inpatient days and discharges Ssh - Panama City Inc reported by payer. Medicare and Medicaid include their managed care plans, shown separately below.

	Medicare	Medicaid	Other	Total
Inpatient days	4,695	104	4,513	9,312
Discharges	187	1	194	382
Average length of stay	25.1 days	104.0 days	23.3 days	24.4 days
Average daily census	12.9	0.3	12.4	25.5

1,402
Medicare Advantage days
65 discharges

Beds and days by unit

Unit	Beds	Inpatient days	Medicare days	Occupancy
Adults & pediatrics	30	9,312	4,695	85%

Source: CMS cost report (HCRIS, Form 2552-10), report 827852, as submitted. Hospitals report these figures themselves; they are not audited financial statements. Worksheet S-3 Part I.

Where patients come from

ZIP codes with the most Medicare inpatient stays at Ssh - Panama City Inc in 2025. Market share is this hospital's part of every hospital's Medicare stays from the ZIP code. Its published Medicare stays went from 48 in 2020 to 140 in 2025.

ZIP code	Stays	Of this hospital's stays	Days	Charges	Market share	Share in 2020
32404	41	29%	927	$20.7M	2%	1%
32401	33	24%	775	$14.9M	2%	1%
32405	25	18%	593	$10.3M	1%	1%
32444	18	13%	445	$9.4M	2%	1%
32409	12	9%	266	$7.3M	2%
32408	11	8%	387	$8.9M	2%

Source: CMS Hospital Service Area file. Shares are of the 140 stays from ZIP codes CMS publishes; it omits ZIP codes with fewer than 11 stays, so market shares count published stays only.

Staff and facilities

Staff by profession and the rooms and units Ssh - Panama City Inc reported at its latest Medicare certification survey (2020). Counts are people, not full-time equivalents.

32
Registered nurses
2
Pharmacists
8
Respiratory therapists
1
Physical therapists
1
Occupational therapists
1
Speech pathologists and audiologists

Source: CMS Provider of Services file.

Doctors and clinicians

6 clinicians who bill Medicare list Ssh - Panama City Inc as a hospital affiliation. Book a demo to see the commercial rates insurers publish for them, or start a free trial.

Diagnostic Radiology Physician 1
Family Medicine Physician 1
Internal Medicine Physician 1
Nephrology Physician 1
Specialist 1
Surgery Physician 1

Jesus Ramirez, M.D.
Specialist
NPI 1871522201
See commercial rates for Jesus Ramirez, M.D.
Ashraf Khan, M.D.
Family Medicine Physician
NPI 1417277013
See commercial rates for Ashraf Khan, M.D.
Ryan O'Kelley, D.O.
Diagnostic Radiology Physician
NPI 1871887489
See commercial rates for Ryan O'Kelley, D.O.
Ahmad Rifai, M.D.
Internal Medicine Physician
NPI 1396741526
See commercial rates for Ahmad Rifai, M.D.
Alhakam Hudaihed, MD
Nephrology Physician
NPI 1851580088
See commercial rates for Alhakam Hudaihed, MD
Larry Wong, D.O.
Surgery Physician
NPI 1689641599
See commercial rates for Larry Wong, D.O.

Source: CMS Doctors and Clinicians facility affiliations, released 2026-10-15, with names and specialties from NPPES. Affiliation means the clinician bills Medicare for care at this hospital; it is not employment.

Income statement

Revenue, expenses and income Ssh - Panama City Inc reported to Medicare for Aug 1, 2024 to Jul 31, 2025. Percentages are of net patient revenue.

Line	Amount	Share
Gross patient revenue (charges)	$183.9M	932.7%
Inpatient	$183.9M	932.6%
Outpatient	$17,895	0.1%
Contractual allowances and discounts	-$164.2M	-832.7%
Net patient revenue	$19.7M	100.0%
Operating expenses	-$16.6M	-84.0%
Operating income from patient care	$3.2M	16.0%
Other income	$20	0.0%
Other expenses	-$2.2M	-11.2%
Net income	$940,912	4.8%

Gross revenue by payer

Line	Amount	Share
Traditional Medicare	$65.1M	35.4%
Other payers and self-pay	$118.9M	64.6%
Total charges	$183.9M	100.0%

Source: CMS cost report (HCRIS, Form 2552-10), report 827852, as submitted. Hospitals report these figures themselves; they are not audited financial statements. Traditional Medicare is the program charges on Worksheets D-3 and D Part V; Medicaid is from Worksheet S-10.

Financial ratios

Computed from Ssh - Panama City Inc's latest cost report.

16.0%
Operating margin
Operating income from patient care / net patient revenue
4.8%
Total margin
Net income / net patient revenue plus other income
10.5%
EBITDAR margin
Net income before interest, depreciation and leases (Worksheet A-7), / total revenue
58% of expenses
Personnel costs
Salaries, direct-care contract labor and core wage-related costs / operating expenses
$41.87
Average hourly wage
Adjusted salaries / paid hours (Worksheet S-3 Part II)
3.5%
Return on assets
Net income for a year / total assets
4.1%
Return on equity
Net income for a year / fund balance
0.79
Current ratio
Current assets / current liabilities
40 days
Days in patient receivables
Net patient receivables / daily net patient revenue
67 days
Average payment period
Current liabilities / daily operating expenses excluding depreciation
0.74
Asset turnover
Total revenue for a year / total assets
6.7 years
Average age of plant
Accumulated depreciation / depreciation for a year

Source: CMS cost report (HCRIS, Form 2552-10), report 827852, as submitted. Hospitals report these figures themselves; they are not audited financial statements.

Balance sheet

What Ssh - Panama City Inc owned and owed at the end of its reporting period (Jul 2025), across all fund types: $26.7M in total assets and a $22.9M fund balance.

Show the balance sheet

Line	Amount	Of total assets
Patient receivables, net	$2.2M	8.1%
Total current assets	$2.3M	8.7%
Property and equipment, net of depreciation	$760,060	2.8%
Investments and other assets	$23.7M	88.5%
Total assets	$26.7M	100.0%
Current liabilities	$2.9M	10.9%
Total liabilities	$3.9M	14.5%
Fund balance (net assets)	$22.9M	85.5%

Source: CMS cost report (HCRIS, Form 2552-10), report 827852, as submitted. Hospitals report these figures themselves; they are not audited financial statements.

Financial trend

Ssh - Panama City Inc's full-year cost reports, by fiscal year end. Reports shorter than ten months are left out.

Show 5 years

Fiscal year ending	Jul 2021	Jul 2022	Jul 2023	Jul 2024	Jul 2025
Net patient revenue	$16.2M	$17.5M	$17.3M	$19.5M	$19.7M
Operating expenses	$14.4M	$15.7M	$11.2M	$16.5M	$16.6M
Operating margin	11.1%	10.3%	35.2%	15.2%	16.0%
Net income	$2.3M	-$566	$2.3M	$1.8M	$940,912
Total assets	$19.1M	$18.5M	$19.9M	$21.8M	$26.7M
Discharges	339	353	404	357	382
Inpatient days	8,945	9,270	9,304	9,429	9,312
Medicare Advantage days	1,504	1,560	1,436	1,395	1,402
Beds	30	30	30	30	30
Employees (FTE)	108	93	93	89	91

Source: CMS cost report (HCRIS, Form 2552-10), report 827852, as submitted. Hospitals report these figures themselves; they are not audited financial statements.

Departments

Each cost center Ssh - Panama City Inc reports, largest first. Total cost includes its share of overhead; the cost-to-charge ratio is total cost / charges.

Show all 22 departments

Ancillary and outpatient departments

Department	Salaries	Total cost	Charges	Cost-to-charge	Square feet
Medical supplies charged to patient	$124,216	$1.4M	$13.4M	0.11	1,433
Drugs charged to patients	$403,443	$1.3M	$5.9M	0.21	519
Respiratory therapy	$592,193	$1.2M	$73.7M	0.02	107
Radiology-diagnostic		$630,570	$8M	0.08
Laboratory		$453,008	$5.8M	0.08
Renal dialysis		$414,630	$1.6M	0.26
Physical therapy	$242,435	$389,487	$1.9M	0.20	216
Occupational therapy	$129,899	$233,133	$1.2M	0.19	208
Operating room	$13,839	$193,990	$1.3M	0.15
Speech pathology	$86,463	$146,739	$1M	0.14	76
Electrocardiology		$41,087	$9.3M	0.00

Inpatient units

Department	Salaries	Total cost	Charges	Cost-to-charge	Square feet
Adults & pediatrics	$4.5M	$10M	$60.9M	0.16	9,509

Overhead (general service) departments

Department	Salaries	Direct cost	Paid hours	Average hourly wage	Square feet
Administrative & general	$1.2M	$3.6M	19,739	$57.47	11,461
Cap rel costs-bldg & fixt		$805,747			25,656
Nursing administration	$642,733	$768,168	9,776	$65.75	636
Cap rel costs-mvble equip		$383,263
Dietary		$270,348			45
Housekeeping		$73,078			40
Operation of plant		$65,386			547
Laundry & linen service		$35,366			265
Employee benefits department		$19,801
Medical records & library		-$20			330

Source: CMS cost report (HCRIS, Form 2552-10), report 827852, as submitted. Hospitals report these figures themselves; they are not audited financial statements. Worksheets A, B-1, C Part I and S-3 Part II.

Frequently asked questions

About Ssh - Panama City Inc's rates and hospital price transparency.

How many patients does Ssh - Panama City Inc admit?

Ssh - Panama City Inc reported 382 inpatient discharges and 9,312 inpatient days from Aug 1, 2024 to Jul 31, 2025.

How many employees does Ssh - Panama City Inc have?

Ssh - Panama City Inc reported 91 full-time-equivalent employees on payroll from Aug 1, 2024 to Jul 31, 2025.

How much revenue does Ssh - Panama City Inc make?

Ssh - Panama City Inc reported $19.7M in net patient revenue on $183.9M of gross charges for Aug 1, 2024 to Jul 31, 2025, an operating margin of 16.0%, and net income of $940,912.

Who is the CEO of Ssh - Panama City Inc?

Ssh - Panama City Inc's Medicare enrollment lists Matthew Presley as CEO since 2022.

What is Ssh - Panama City Inc's tax ID (EIN)?

Insurers' price transparency files list Ssh - Panama City Inc under employer identification number 38-3647406 (Select Specialty Hospital). 47 health plans and networks list 38-3647406 for it.

How many doctors are affiliated with Ssh - Panama City Inc?

6 clinicians who bill Medicare list Ssh - Panama City Inc as a hospital affiliation in CMS's Doctors and Clinicians data. The largest groups are diagnostic radiology physician (1), family medicine physician (1), internal medicine physician (1).

Is Ssh - Panama City Inc accredited?

Yes. CMS's Provider of Services file lists The Joint Commission as the accrediting organization for Ssh - Panama City Inc, effective 2020.

Who owns Ssh - Panama City Inc?

In its Medicare enrollment, Ssh - Panama City Inc reports Select Medical Corporation as 5% or greater indirect ownership interest (100%).

What services does Ssh - Panama City Inc offer?

CMS lists 5 services at Ssh - Panama City Inc, including OT (Occupational Therapy), Pharmacy, PT (Physical Therapy), Respiratory Care, Speech Pathology.

Where do Ssh - Panama City Inc's patients come from?

In CMS's 2025 Hospital Service Area file, the most Medicare inpatient stays at Ssh - Panama City Inc came from ZIP codes 32404 (41), 32401 (33), 32405 (25).

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{
  "description": "MRI of brain (no contrast)",
  "code_information": [
    { "code": "611", "type": "RC" },
    { "code": "70551", "type": "CPT" }
  ],
  "standard_charges": [{
    "setting": "outpatient",
    "minimum": 250,
    "maximum": 400,
    "gross_charge": 1200,
    "discounted_cash": 1080,
    "payers_information": [
      {
        "payer_name": "Platform Health Insurance",
        "plan_name": "PPO",
        "methodology": "fee schedule",
        "standard_charge_dollar": 400
      },
      {
        "payer_name": "Region Health Insurance",
        "plan_name": "HMO",
        "methodology": "fee schedule",
        "standard_charge_dollar": 250
      }
    ]
  }]
}

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Ssh - Panama City Inc

About this hospital

Negotiated Rates

Insurance Accepted

More about this hospital

Tax IDs and NPIs insurers list

Location

Accreditation and services

5 services at Ssh - Panama City Inc

Size and patient volume

Utilization by payer and unit

Beds and days by unit

Where patients come from

Staff and facilities

Doctors and clinicians

Income statement

Gross revenue by payer

Financial ratios

Balance sheet

Financial trend

Departments

Ancillary and outpatient departments

Inpatient units

Overhead (general service) departments

Ownership

Leadership

Officers and directors on the Medicare enrollment

Frequently asked questions

Running price transparency at a hospital like this one?

Publish a CMS-compliant machine-readable file

Get your chargemaster right for billing and payer contracts

About this hospital

Negotiated Rates

Insurance Accepted

More about this hospital

Tax IDs and NPIs insurers list

Location

Accreditation and services

5 services at Ssh - Panama City Inc

Size and patient volume

Utilization by payer and unit

Beds and days by unit

Where patients come from

Staff and facilities

Doctors and clinicians

Income statement

Gross revenue by payer

Financial ratios

Balance sheet

Financial trend

Departments

Ancillary and outpatient departments

Inpatient units

Overhead (general service) departments

Ownership

Leadership

Officers and directors on the Medicare enrollment

Nearby hospitals

Frequently asked questions

Running price transparency at a hospital like this one?

Publish a CMS-compliant machine-readable file

Get your chargemaster right for billing and payer contracts