dealflow
envelope $200M

← Targets

Jackson Hospital And Clinic Inc

Montgomery, Montgomery County, AL · CCN 010024
Licensed to Jackson Hospital And Clinic, Inc

Composite
52.8
rank score
Distress
63
FY2023
Fit
61
vs thesis
Estimated ticket
$23.6M–$47.3M
278 beds · within envelope
Ownership
nonprofit
STH

Why it ranks here

  • operating margin below -10%
  • total margin under 2%
  • under 30 days cash on hand
  • current ratio below 0.8
  • margin slipping
  • rural — cheaper but limited density
  • large — ticket likely stretches the envelope
  • small ticket — deploys little of the available capital
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$292M
Operating margin -13.8%
Total margin 0.7%
Days cash on hand 0
Current ratio 0.77
Occupancy70%

Facility

Beds278
Facility typeSTH
Settingrural
Ownership classnonprofit
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 274 $236M $7.6M -13.8% 2.5% 14 0.56 70% 12,023 63
2021 278 $271M $2.1M -11.6% 0.7% 8 0.58 69% 11,741 67
2022 278 $301M $-9.7M -10.4% -3.0% 25 0.75 74% 12,009 76
2023 278 $292M $2.4M -13.8% 0.7% 0 0.77 70% 11,493 63

Owners

OwnerRole%SinceType
Charlotte Mussafer corporate director 2007-11
E. Kyser corporate director 2007-11
James Mclaughlin corporate director 2007-11
Joe Riley corporate officer 2023-01
Joe Riley w-2 managing employee 2012-06
Patrick Ryan corporate director 2007-11
Randall Cook corporate director 2007-11
Victoria Jones w-2 managing employee 2007-11
W. Upchurch corporate director 2007-11

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.

DateBuyerSellerHospitalBeds
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