dealflow
envelope $200M

← Targets

Hill Hospital Of Sumter County

York, Sumter County, AL · CCN 010138
Licensed to Hill Hospital Of York

Composite
55.0
rank score
Distress
84
FY2023
Fit
43
vs thesis
Estimated ticket
$2.3M–$4.6M
33 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
  • liabilities exceed assets
  • occupancy below 30%
  • margin deteriorating sharply
  • 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$4.1M
Operating margin -20.2%
Total margin -7.2%
Days cash on hand 27
Current ratio 5.15
Occupancy29%

Facility

Beds33
Facility typeSTH
Settingrural
Ownership classgovernment
Per-bed (low) $70.0K
Per-bed (high) $140K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 33 $5.2M $70.7K -7.9% 1.2% 181 1.47 30% 303 46
2021 33 $3.4M $-1.0M -49.1% -26.0% 150 4.48 31% 333 66
2022 33 $3.7M $-552K -31.6% -12.8% 104 3.68 20% 240 69
2023 33 $4.1M $-331K -20.2% -7.2% 27 5.15 29% 279 84

Owners

OwnerRole%SinceType
Tommie Armistead corporate officer 100 2009-01
Loretta Webb w-2 managing employee 2014-03

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