St Vincents Birmingham
dba St. Vincent's Birmingham ·
Birmingham, Jefferson County, AL
· CCN 010056
Licensed to St. Vincent's Birmingham
Composite
60.7
rank score
Distress
73
FY2024
Fit
65
vs thesis
Estimated ticket
$140M–$559M
399 beds ·
within envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin -10% to -5%
- total margin -8% to -3%
- under 30 days cash on hand
- current ratio below 0.8
- 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 well above the envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $477M |
| Operating margin | -9.9% |
| Total margin | -5.5% |
| Days cash on hand | 0 |
| Current ratio | 0.52 |
| Occupancy | 66% |
Facility
| Beds | 399 |
| 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 | 401 | $454M | $26.2M | -2.7% | 5.3% | 0 | 0.23 | 63% | 17,790 | 59 |
| 2022 | 401 | $471M | $-9.9M | -6.9% | -2.0% | 0 | 0.31 | 64% | 17,193 | 70 |
| 2023 | 399 | $480M | $-3.9M | -5.5% | -0.8% | 0 | 0.29 | 67% | 18,405 | 70 |
| 2024 | 399 | $477M | $-27.4M | -9.9% | -5.5% | 0 | 0.52 | 66% | 18,511 | 73 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| St Vincent's Health System | 5% or greater direct ownership interest | 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 | ||
| Kathleen Hedrick | w-2 managing employee | 2024-05 | ||
| Timothy Puthoff | corporate officer | 2024-11 | ||
| Timothy Puthoff | 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 |