Mobile Infirmary Medical Center
Mobile, Mobile County, AL
· CCN 010113
Licensed to Mobile Infirmary Association
Composite
17.8
rank score
Distress
50
FY2024
Fit
55
vs thesis
Estimated ticket
$221M–$886M
521 beds ·
over envelope
Ownership
nonprofit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- very large — likely out of range
- estimated price exceeds the capital envelope
- strong occupancy — good iteration surface
- nonprofit — expect AG conversion review
Latest financials · FY2024
| Net patient revenue | $412M |
| Operating margin | -39.1% |
| Total margin | -19.3% |
| Days cash on hand | 209 |
| Current ratio | 12.71 |
| Occupancy | 76% |
Facility
| Beds | 521 |
| Facility type | STH |
| Setting | urban |
| Ownership class | nonprofit |
| Per-bed (low) | $425K |
| Per-bed (high) | $1.7M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 596 | $424M | $-15.8M | -5.8% | -3.7% | 191 | 10.01 | 67% | 24,926 | 34 |
| 2022 | 596 | $424M | $-74.1M | -19.6% | -17.1% | 168 | 10.01 | 67% | 22,575 | 44 |
| 2023 | 498 | $542M | $-15.0M | 3.1% | -2.9% | 180 | 12.87 | 73% | 22,711 | 8 |
| 2024 | 521 | $412M | $-92.9M | -39.1% | -19.3% | 209 | 12.71 | 76% | 21,932 | 50 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Douglas Nix | corporate director | 2007-11 | ||
| Infirmary Health System | operational/managerial control | 2007-11 | ||
| Joe Stough | corporate director | 2008-12 | ||
| Joe Stough | w-2 managing employee | 2008-12 | ||
| Joseph Denton | w-2 managing employee | 2007-11 | ||
| Kern Wilson | w-2 managing employee | 1990-06 | ||
| Kerry Tolleson | w-2 managing employee | 2013-04 | ||
| Mary Moss | w-2 managing employee | 2015-03 | ||
| Randy Redfoot | w-2 managing employee | 1990-07 | ||
| Scott Browning | w-2 managing employee | 2010-02 |
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 |