Bibb Medical Center
Centreville, Bibb County, AL
· CCN 010058
Licensed to The Bibb County Healthcare Authority
Composite
36.3
rank score
Distress
30
FY2023
Fit
57
vs thesis
Estimated ticket
$12.5M–$50.0M
25 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- occupancy 30-45%
- urban — higher occupancy and iteration surface
- small but workable bed count
- small ticket — deploys little of the available capital
- thin occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $21.9M |
| Operating margin | -15.8% |
| Total margin | 10.2% |
| Days cash on hand | 175 |
| Current ratio | 13.47 |
| Occupancy | 33% |
Facility
| Beds | 25 |
| Facility type | STH |
| Setting | urban |
| Ownership class | government |
| Per-bed (low) | $500K |
| Per-bed (high) | $2.0M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 25 | $18.2M | $1.7M | -14.8% | 7.6% | 304 | 5.02 | 46% | 317 | 30 |
| 2021 | 25 | $18.1M | $7.7M | -18.4% | 26.3% | 244 | 6.46 | 34% | 287 | 33 |
| 2022 | 25 | $19.8M | $2.6M | -20.1% | 9.7% | 191 | 10.63 | 42% | 229 | 33 |
| 2023 | 25 | $21.9M | $2.9M | -15.8% | 10.2% | 175 | 13.47 | 33% | 254 | 30 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Brent Belcher | corporate director | 2008-07 | ||
| Cahaba Valley Health Services Inc | operational/managerial control | 2008-07 | ||
| Charles Allgood | corporate director | 2021-01 | ||
| David Rooker | corporate director | 2008-07 | ||
| Glenda Snelson | corporate director | 2008-07 | ||
| Heather Desmond | w-2 managing employee | 2013-10 | ||
| Joseph Marchant | corporate officer | 2011-01 | ||
| Karen Smith | corporate director | 2021-12 | ||
| Richard Cash | corporate director | 2008-07 | ||
| Stephanie Kemmer | corporate director | 2008-07 | ||
| Willie Dunn | corporate director | 2021-01 |
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 |