Helen Keller Hospital
Sheffield, Colbert County, AL
· CCN 010019
Licensed to Hh Health System - Shoals, Llc
Composite
64.2
rank score
Distress
83
FY2023
Fit
67
vs thesis
Estimated ticket
$62.3M–$249M
178 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- occupancy 30-45%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- thin occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $93.7M |
| Operating margin | -26.6% |
| Total margin | -5.7% |
| Days cash on hand | 1 |
| Current ratio | -1.38 |
| Occupancy | 40% |
Facility
| Beds | 178 |
| Facility type | STH |
| Setting | urban |
| Ownership class | government |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 172 | $106M | $7.4M | -24.8% | 5.3% | 1 | 1.87 | 39% | 6,294 | 56 |
| 2021 | 172 | $105M | $8.5M | -8.0% | 7.0% | 3 | 0.88 | 46% | 6,973 | 56 |
| 2022 | 178 | $92.0M | $-8.9M | -28.0% | -8.1% | 1 | -0.67 | 43% | 6,553 | 86 |
| 2023 | 178 | $93.7M | $-6.4M | -26.6% | -5.7% | 1 | -1.38 | 40% | 6,389 | 83 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Penny Westmoreland | corporate officer | 80 | 2015-03 | |
| Penny Westmoreland | w-2 managing employee | 2015-03 | ||
| Tracy Martin | corporate director | 2024-06 | ||
| Tracy Martin | w-2 managing employee | 2024-06 |
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 |