PC on Foehammer

Normally I'd go straight to the merchant with something like this but it's got a low requirement and the health bonus is a plus. Is this worth anything?

Foehammer of Fortitude
Blunt Dmg: 17-33 (req. 8 Hammer Mastery)
Health +20

It's not max damage with no damage modifiers, merchant.

Thanks - that's what I thought but I wasn't sure.