dealflow
envelope $200M

← Targets

The Childrens Hospital Of Alabama

Birmingham, Jefferson County, AL · CCN 013300
Licensed to The Children's Hospital Of Alabama

Composite
11.3
rank score
Distress
6
FY2023
Fit
64
vs thesis
Estimated ticket
$211M–$842M
351 beds · over envelope
Ownership
nonprofit
CH

Why it ranks here

  • operating margin under 2%
  • urban — higher occupancy and iteration surface
  • specialty facility — narrower problem scope
  • large — ticket likely stretches the envelope
  • estimated price exceeds the capital envelope
  • strong occupancy — good iteration surface
  • nonprofit — expect AG conversion review

Latest financials · FY2023

Net patient revenue$860M
Operating margin 1.6%
Total margin 6.2%
Days cash on hand 207
Current ratio 3.53
Occupancy77%

Facility

Beds351
Facility typeCH
Settingurban
Ownership classnonprofit
Per-bed (low) $600K
Per-bed (high) $2.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 351 $682M $25.2M -2.2% 3.5% 80 1.54 69% 12,334 26
2021 351 $769M $-7.2M 3.8% -1.0% 151 2.01 77% 15,142 8
2022 351 $839M $73.0M 5.8% 8.5% 185 3.22 77% 16,074 0
2023 351 $860M $55.5M 1.6% 6.2% 207 3.53 77% 16,130 6

Owners

OwnerRole%SinceType
Adelia Hendrix corporate director 2024-01
Andy Loehr corporate officer 2024-01
Andy Loehr w-2 managing employee 2024-01
Anna Manasco corporate director 2020-01
Bill Smith corporate director 2024-01
Charles Mcwane corporate director 2010-01
Craft O'neal corporate director 2008-02
Dawn Walton corporate officer 2008-02
Dawn Walton w-2 managing employee 2008-02
Derrol Dawkins corporate director 2008-02
Donald James corporate director 2008-02
Edward Aldag corporate director 2017-01
Frederick Renneker corporate director 2008-02
James Brown corporate director 2008-02
James Lee corporate director 2008-02
Joseph Hampton corporate director 2025-01
Kate Danella corporate director 2025-01
Lee Styslinger corporate director 2008-02
Leon Edwards corporate director 2026-01
Lucy Marsh corporate director 2024-01
Luther Mccollum corporate director 2008-02
Marc Tyson corporate director 2008-02
Margaret Porter corporate director 2008-02
Mark Dixon corporate director 2020-01
Mark Tarr corporate director 2020-01

Showing 25 of 40. Full list via /api/targets/013300.

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.