St. Vincents East
dba St. Vincent's East ·
Birmingham, Jefferson County, AL
· CCN 010011
Licensed to St. Vincent's East
Composite
65.0
rank score
Distress
78
FY2024
Fit
70
vs thesis
Estimated ticket
$98.0M–$392M
280 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current liabilities exceed current assets
- margin deteriorating sharply
- part of a multi-hospital chain — divestiture candidate
- urban — higher occupancy and iteration surface
- large — ticket likely stretches the envelope
- ticket size at the top of the envelope — would need leverage
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $243M |
| Operating margin | -10.8% |
| Total margin | -9.8% |
| Days cash on hand | 0 |
| Current ratio | 0.84 |
| Occupancy | 69% |
Facility
| Beds | 280 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 241 | $240M | $-5.8M | -1.4% | -2.4% | 0 | 0.32 | 88% | 12,783 | 63 |
| 2022 | 275 | $238M | $-21.8M | -13.0% | -8.8% | 0 | 0.49 | 78% | 12,201 | 80 |
| 2023 | 286 | $249M | $-43.6M | -20.2% | -17.0% | 0 | 0.59 | 76% | 13,109 | 80 |
| 2024 | 280 | $243M | $-24.1M | -10.8% | -9.8% | 0 | 0.84 | 69% | 12,766 | 78 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| St Vincent's Health System | 5% or greater direct ownership interest | 100 | 2007-07 | chain |
| St Vincent's Health System | operational/managerial control | 100 | 2007-07 | chain |
| Uab St. Vincent's Health System Authority | 5% or greater indirect ownership interest | 100 | 2024-11 | |
| Christopher Hughes | corporate officer | 2022-11 | ||
| Christopher Hughes | w-2 managing employee | 2022-11 | ||
| Kathleen Hedrick | corporate director | 2024-01 | ||
| Suzannah Campbell | corporate officer | 2024-11 | ||
| Suzannah Campbell | corporate director | 2024-11 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in AL
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2025-08-01 | University Of Alabama At Birmingham | Uab Callahan Eye Hospital Authority | University Of Alabama Hospital | 1,149 |
| 2025-05-01 | Marion Regional Health - Winfield, Inc. | Northwest Medical Center Inc. | Northwest Medical Center | 28 |
| 2024-09-30 | City Of Jackson Healthcare Authority | Jackson Medical Center, Llc | Jackson Medical Center | 35 |
| 2024-04-01 | Hh Health System - Dekalb Llc | Fort Payne Hospital Corporation | Dekalb Regional Medical Center | 97 |
| 2023-10-01 | Usa Health Hca Providence Hospital Llc | Providence Hospital | Providence Hospital | 349 |
| 2021-10-01 | Hh Health System - Jackson Llc | Jackson County Health Care Authority | Highlands Medical Center | 45 |
| 2018-06-01 | Floyd Cherokee Medical Center Llc | Centre Hospital Corporation | Cherokee Medical Center | 45 |
| 2017-11-01 | The Health Care Authority Of The... | Greenville Hospital Corporation | Regional Medical Ctr Of Central Al | 44 |
| 2016-01-01 | Hh-Health System - Athens Limestone Llc | Healthcare Authority Of Athens And... | Athens Limestone | 66 |