dealflow
envelope $200M

← Targets

Monroe County Hospital

Monroeville, Monroe County, AL · CCN 010120

Composite
37.5
rank score
Distress
45
FY2023
Fit
43
vs thesis
Estimated ticket
$4.6M–$9.2M
46 beds · within envelope
Ownership
government
STH

Why it ranks here

  • operating margin below -10%
  • total margin under 2%
  • 60-90 days cash on hand
  • occupancy below 30%
  • rural — cheaper but limited density
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • government-owned — public process likely

Latest financials · FY2023

Net patient revenue$22.3M
Operating margin -22.6%
Total margin 1.0%
Days cash on hand 61
Current ratio 1.54
Occupancy17%

Facility

Beds46
Facility typeSTH
Settingrural
Ownership classgovernment
Per-bed (low) $100K
Per-bed (high) $200K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 46 $21.4M $-730K -16.9% -3.0% 190 3.45 20% 920 52
2021 46 $26.6M $3.7M -12.9% 10.9% 104 1.35 26% 982 44
2022 46 $23.8M $-702K -14.1% -2.6% 97 1.69 20% 917 49
2023 46 $22.3M $284K -22.6% 1.0% 61 1.54 17% 810 45

Owners

No ownership records — CMS has no owner filings mapped to this CCN.

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