Highlands Medical Center
Scottsboro, Jackson County, AL
· CCN 010061
Licensed to Hh Health System - Jackson Llc
Composite
63.1
rank score
Distress
94
FY2023
Fit
52
vs thesis
Estimated ticket
$3.1M–$6.3M
45 beds ·
within envelope
Ownership
government
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- current ratio below 0.8
- liabilities exceed assets
- occupancy 45-60%
- margin deteriorating sharply
- rural — cheaper but limited density
- small but workable bed count
- very small ticket — sub-scale as a platform asset
- moderate occupancy
- government-owned — public process likely
Latest financials · FY2023
| Net patient revenue | $53.2M |
| Operating margin | -16.9% |
| Total margin | -11.4% |
| Days cash on hand | 0 |
| Current ratio | 0.35 |
| Occupancy | 48% |
Facility
| Beds | 45 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $70.0K |
| Per-bed (high) | $140K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 45 | $38.2M | $-818K | -23.3% | -1.8% | 11 | 0.59 | 55% | 2,138 | 84 |
| 2021 | 45 | $41.2M | $1.2M | -24.4% | 2.3% | 0 | 0.44 | 60% | 2,041 | 77 |
| 2022 | 45 | $45.9M | $-1.8M | -30.2% | -3.0% | 104 | 2.04 | 54% | 2,278 | 54 |
| 2023 | 45 | $53.2M | $-6.4M | -16.9% | -11.4% | 0 | 0.35 | 48% | 2,055 | 94 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Clinton Carter | corporate officer | 2021-10 | ||
| Jeffrey Samz | corporate officer | 2021-10 | ||
| Jeffrey Samz | w-2 managing employee | 2021-10 | ||
| John Anderson | corporate officer | 2021-10 | ||
| John Anderson | w-2 managing employee | 2021-10 | ||
| John Anderson | operational/managerial control | 2021-10 | ||
| John Carrier | corporate officer | 2021-12 | ||
| John Carrier | w-2 managing employee | 2021-12 | ||
| John Carrier | operational/managerial control | 2021-12 | ||
| Philip Bentley | corporate officer | 2021-10 | ||
| Robert Matthews Jr | corporate officer | 2020-10 | ||
| The Health Care Authority Of The City Of Huntsville | 5% or greater direct ownership interest | 2021-10 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2021-10-01 | change of ownership | Hh Health System - Jackson Llc | Jackson County Health Care Authority |
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 |