dealflow
envelope $200M

← Targets

St. Vincents Blount

Oneonta, Blount County, AL · CCN 011305
Licensed to St. Vincent's Blount

Composite
62.1
rank score
Distress
84
FY2024
Fit
56
vs thesis
Estimated ticket
$1.5M–$3.0M
25 beds · within envelope
Ownership
nonprofit
CAH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • under 30 days cash on hand
  • current ratio below 0.8
  • occupancy 45-60%
  • margin deteriorating sharply
  • part of a multi-hospital chain — divestiture candidate
  • urban — higher occupancy and iteration surface
  • small but workable bed count
  • very small ticket — sub-scale as a platform asset
  • moderate occupancy
  • nonprofit — expect AG conversion review

Latest financials · FY2024

Net patient revenue$26.1M
Operating margin -40.6%
Total margin -14.0%
Days cash on hand 0
Current ratio 0.80
Occupancy45%

Facility

Beds25
Facility typeCAH
Settingurban
Ownership classnonprofit
Per-bed (low) $59.5K
Per-bed (high) $119K

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2021 25 $25.3M $-693K -8.4% -2.6% 1 0.30 54% 846 76
2022 25 $27.2M $122K -15.9% 0.4% 1 0.68 55% 884 69
2023 25 $25.2M $-2.7M -33.1% -8.7% 0 0.63 42% 770 86
2024 25 $26.1M $-4.5M -40.6% -14.0% 0 0.80 45% 781 84

Owners

OwnerRole%SinceType
St Vincent's Health System
Birmingham, AL
5% or greater direct ownership interest 100 2013-07 chain
Uab St. Vincent's Health System Authority
Birmingham, AL
5% or greater indirect ownership interest 100 2024-11
Christopher Hughes corporate officer 2022-11
Kathleen Hedrick w-2 managing employee 2023-05
Suzannah Campbell corporate officer 2024-11
Suzannah Campbell corporate director 2024-11

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
2017-11-14 Tanner Medical Center Alabama Inc The Health Care Authority Of The... Tanner Medical Center Alabama Inc. 15