Regional Medical Ctr Of Central Al
dba Regional Medical Center Of Central Alabama ·
Greenville, Butler County, AL
· CCN 010150
Licensed to The Health Care Authority Of The City Of Greenville - Lv Stabler Hospi
Composite
47.4
rank score
Distress
67
FY2023
Fit
43
vs thesis
Estimated ticket
$3.7M–$7.5M
44 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
- current ratio under 1.5
- 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 | $19.2M |
| Operating margin | -39.5% |
| Total margin | -7.2% |
| Days cash on hand | 10 |
| Current ratio | 1.26 |
| Occupancy | 19% |
Facility
| Beds | 44 |
| Facility type | STH |
| Setting | rural |
| Ownership class | government |
| Per-bed (low) | $85.0K |
| Per-bed (high) | $170K |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 44 | $16.0M | $-2.2M | -42.0% | -10.6% | 164 | 1.15 | 24% | 681 | 61 |
| 2021 | 44 | $21.3M | $4.0M | -22.0% | 13.2% | 52 | 1.93 | 23% | 705 | 53 |
| 2022 | 44 | $21.9M | $-3.0M | -29.2% | -11.6% | 19 | 1.39 | 19% | 669 | 79 |
| 2023 | 44 | $19.2M | $-1.8M | -39.5% | -7.2% | 10 | 1.26 | 19% | 701 | 67 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| The Health Care Authority Of The City Of Greenville - Lv Stabler Hospi | 5% or greater direct ownership interest | 100 | 2017-11 | |
| Phillip Fouts | corporate director | 50 | 2023-05 | |
| Phillip Fouts | w-2 managing employee | 50 | 2023-05 | |
| Dexter Mclendon | corporate director | 2017-07 | ||
| Donald Lilly | corporate director | 2017-11 | ||
| Eddie Cook | corporate director | 2017-07 | ||
| James Dunklin | corporate director | 2017-07 | ||
| John Selman | corporate director | 2017-11 | ||
| Michael Trammell | corporate director | 2023-01 | ||
| Michael Trammell | w-2 managing employee | 2023-01 |
Ownership changes
| Date | Type | Buyer | Seller |
|---|---|---|---|
| 2017-11-01 | change of ownership | The Health Care Authority Of... | Greenville Hospital Corporation |
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 |