diff --git a/litellm/proxy/health_endpoints/_health_endpoints.py b/litellm/proxy/health_endpoints/_health_endpoints.py
index 6ef8bbc4006..dbc56c0e2e2 100644
--- a/litellm/proxy/health_endpoints/_health_endpoints.py
+++ b/litellm/proxy/health_endpoints/_health_endpoints.py
@@ -24,6 +24,7 @@ from litellm.proxy._types import (
     LitellmUserRoles,
     ProxyErrorTypes,
     ProxyException,
+    SpecialModelNames,
     UserAPIKeyAuth,
     WebhookEvent,
 )
@@ -1052,7 +1053,14 @@ async def health_endpoint(
         # response but NOT in the background-cache /health response. This is
         # surfaced via the "warnings" field below so operators can fix the
         # missing model_info.id rather than guess at the discrepancy.
-        if len(user_api_key_dict.models) > 0:
+        # Keys granted SpecialModelNames.all_proxy_models carry the literal
+        # "all-proxy-models" entry, which matches no real model_name; treat
+        # them as unrestricted instead of filtering the list down to nothing.
+        restrict_to_allowed_models = (
+            len(user_api_key_dict.models) > 0
+            and SpecialModelNames.all_proxy_models.value not in user_api_key_dict.models
+        )
+        if restrict_to_allowed_models:
             allowed_models = set(user_api_key_dict.models)
             _llm_model_list = [
                 m for m in _llm_model_list if m.get("model_name") in allowed_models
@@ -1065,7 +1073,7 @@ async def health_endpoint(
             # other healthy model would still report healthy_count > 0 and
             # the targeted-503 path would never fire.
             targeted_ids = _resolve_targeted_model_ids(_llm_model_list, model, model_id)
-            if len(user_api_key_dict.models) > 0:
+            if restrict_to_allowed_models:
                 allowed_model_ids = {
                     (m.get("model_info") or {}).get("id")
                     for m in _llm_model_list
diff --git a/tests/test_litellm/proxy/health_endpoints/test_health_endpoints.py b/tests/test_litellm/proxy/health_endpoints/test_health_endpoints.py
index 64c57ab90e3..3ce8f007a6a 100644
--- a/tests/test_litellm/proxy/health_endpoints/test_health_endpoints.py
+++ b/tests/test_litellm/proxy/health_endpoints/test_health_endpoints.py
@@ -1142,6 +1142,71 @@ async def test_health_endpoint_filters_model_list_by_user_access():
     }, f"health_endpoint did not scope model_list to caller access: {returned_names}"
 
 
+@pytest.mark.asyncio
+async def test_health_endpoint_keeps_full_model_list_for_all_proxy_models():
+    """
+    A key granted all model permissions carries the literal
+    "all-proxy-models" entry in user_api_key_dict.models. It matches no real
+    model_name, so the access filter must be skipped entirely; otherwise the
+    model list filters down to nothing and /health reports 0/0 counts.
+    """
+    from litellm.proxy._types import SpecialModelNames, UserAPIKeyAuth
+    from litellm.proxy.health_endpoints._health_endpoints import health_endpoint
+
+    full_model_list = [
+        {
+            "model_name": "model-a",
+            "litellm_params": {"model": "openai/gpt-4o"},
+            "model_info": {"id": "id-a"},
+        },
+        {
+            "model_name": "model-b",
+            "litellm_params": {"model": "openai/gpt-4o"},
+            "model_info": {"id": "id-b"},
+        },
+    ]
+
+    user_api_key_dict = UserAPIKeyAuth(
+        api_key="hashed-test-key",
+        models=[SpecialModelNames.all_proxy_models.value],
+    )
+
+    captured: dict = {}
+
+    async def fake_perform(**kwargs):
+        captured["model_list"] = kwargs["model_list"]
+        return {
+            "healthy_endpoints": [],
+            "unhealthy_endpoints": [],
+            "healthy_count": 0,
+            "unhealthy_count": 0,
+        }
+
+    with (
+        patch("litellm.proxy.proxy_server.llm_model_list", full_model_list),
+        patch("litellm.proxy.proxy_server.llm_router", None),
+        patch("litellm.proxy.proxy_server.prisma_client", None),
+        patch("litellm.proxy.proxy_server.use_background_health_checks", False),
+        patch("litellm.proxy.proxy_server.user_model", None),
+        patch("litellm.proxy.proxy_server.health_check_results", {}),
+        patch("litellm.proxy.proxy_server.health_check_details", True),
+        patch("litellm.proxy.proxy_server.health_check_concurrency", 1),
+        patch(
+            "litellm.proxy.health_endpoints._health_endpoints._perform_health_check_and_save",
+            side_effect=fake_perform,
+        ),
+    ):
+        from fastapi import Response
+
+        await health_endpoint(response=Response(), user_api_key_dict=user_api_key_dict)
+
+    returned_names = {m["model_name"] for m in captured["model_list"]}
+    assert returned_names == {
+        "model-a",
+        "model-b",
+    }, f"all-proxy-models key should health-check every model: {returned_names}"
+
+
 @pytest.mark.asyncio
 async def test_health_endpoint_filters_background_cache_by_user_access():
     """