dealflow
envelope $200M

← Targets

Dch Regional Medical Center

Tuscaloosa, Tuscaloosa County, AL · CCN 010092
Licensed to The Dch Healthcare Authority

Composite
55.3
rank score
Distress
66
FY2023
Fit
64
vs thesis
Estimated ticket
$33.8M–$67.7M
398 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
  • margin deteriorating sharply
  • rural — cheaper but limited density
  • large — ticket likely stretches the envelope
  • ticket size somewhat below the envelope
  • strong occupancy — good iteration surface
  • government-owned — public process likely

Latest financials · FY2023

Net patient revenue$533M
Operating margin -18.8%
Total margin -7.3%
Days cash on hand 18
Current ratio 3.60
Occupancy80%

Facility

Beds398
Facility typeSTH
Settingrural
Ownership classgovernment
Per-bed (low) $85.0K
Per-bed (high) $170K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 510 $490M $21.1M -5.6% 3.9% 140 1.80 80% 29,915 27
2021 510 $510M $-11.2M -18.2% -1.9% 59 2.47 80% 25,107 52
2022 372 $602M $-27.3M -11.2% -4.2% 24 5.28 93% 31,691 62
2023 398 $533M $-43.1M -18.8% -7.3% 18 3.60 80% 24,572 66

Owners

OwnerRole%SinceType
Alex Dobbins w-2 managing employee 2024-01
Ashley Church w-2 managing employee 2024-01
Brian Claytor corporate officer 2019-08
Daniel Conville corporate director 2024-01
Daniel Conville w-2 managing employee 2024-01
David Hudson corporate officer 2019-08
James Harrison corporate officer 2008-01
Joe Bedwell corporate director 2024-01
Joe Bedwell w-2 managing employee 2024-01
Keri Hindman corporate director 2003-06
Keri Hindman w-2 managing employee 2003-06

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.

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