Competitive Intelligence — SPECTRUM HEALTH HOSPITALS
CCN 230038 | MI | 1103 beds | Nat'l margin P62 | 8 gaps to P75
🛡️ Public data only — no PHI permitted on this instance.
$2.57B
Net Revenue
0.0%
Margin (P62)
1103
Beds
6,123
National Universe
4
Peer Groups
Percentile Rankings — All Metrics
Percentile rank across 4 peer groups. Bar shows position: left = bottom of peers, right = top. Green = favorable direction, red = unfavorable. Direction: ▲ higher is better, ▼ lower is better, ▶ neutral.
Data: CMS HCRIS FY2022 | 6,123 hospitals with complete financials
| Metric | Value | National (n=6,122) | MI State (n=162) | Size-Matched (n=212) | MI Size-Matched (n=5) | Direction |
|---|---|---|---|---|---|---|
| Net Patient Revenue | $2.57B | P99 | P99 | P83 | P80 | ▲ higher |
| Operating Margin | 0.0% | P62 | P67 | P61 | P100 | ▲ higher |
| Bed Count | 1,103 | P100 | P100 | P90 | P100 | ▶ neutral |
| Revenue per Bed | $2.3M | P84 | P79 | P65 | P60 | ▲ higher |
| Occupancy Rate | 79.4% | P85 | P85 | P55 | P80 | ▲ higher |
| Net-to-Gross Ratio | 42.4% | P65 | P71 | P92 | P100 | ▲ higher |
| Expense per Bed | $2.3M | P82 | P78 | P60 | P60 | ▼ lower |
| Medicare Day % | 15.4% | P16 | P13 | P18 | P0 | ▶ neutral |
| Medicaid Day % | 5.2% | P51 | P78 | P31 | P80 | ▶ neutral |
| Commercial Payer % | 79.4% | P86 | P88 | P85 | P100 | ▲ higher |
| Payer Diversity Index | 0.343 | P18 | P14 | P16 | P0 | ▲ higher |
| Total Patient Days | 319,624 | P100 | P100 | P89 | P100 | ▲ higher |
Value Creation Gaps — Path to P75
Metrics where the target trails size-matched P75 peers. Each gap represents quantifiable value creation opportunity. Estimated EBITDA impact assumes linear improvement proportional to revenue.
| Metric | Current | P75 Target | Gap | Percentile | Est. Impact |
|---|---|---|---|---|---|
| Revenue per Bed | $2.3M | $3.5M | +$1.1M | P60 | ~$124.7M |
| Expense per Bed | $2.3M | $3.0M | -$822K | P60 | ~$90.7M |
| Expense per Bed | $2.3M | $4.0M | -$803K | P60 | ~$88.6M |
| Revenue per Bed | $2.3M | $2.7M | +$339K | P65 | ~$37.4M |
| Payer Diversity Index | 0.343 | 0.497 | +0.154 | P16 | — |
| Occupancy Rate | 79.4% | 86.7% | +7.2% | P55 | ~$186.1M |
| Payer Diversity Index | 0.343 | 0.414 | +0.071 | P0 | — |
| Operating Margin | 0.0% | 4.6% | +4.5% | P61 | ~$116.8M |
Top Size-Matched Peers
552–2206 beds, ranked by revenue. Click any peer for full profile.
| Hospital | State | Beds | Revenue | Margin | Medicare |
|---|---|---|---|---|---|
| SPECTRUM HEALTH HOSPITALS (Target) | MI | 1103 | $2.57B | 0.0% | 15% |
| ST. LUKES HOSPITAL | PA | 633 | $8.94B | 87.9% | 27% |
| NYU LANGONE HOSPITALS | NY | 1618 | $7.24B | -7.8% | 28% |
| STANFORD HEALTH CARE | CA | 657 | $6.76B | 3.7% | 34% |
| CLEVELAND CLINIC HOSPITAL | OH | 1326 | $6.38B | -17.7% | 22% |
| VANDERBILT UNIVERSITY MEDICAL | TN | 1084 | $5.44B | -15.9% | 16% |
| UCSF MEDICAL CENTER | CA | 834 | $5.44B | -5.4% | 25% |
| UT MD ANDERSON CANCER CENTER | TX | 721 | $4.90B | -0.8% | 32% |
| UNIV OF MI HOSPITALS & HLTH CT | MI | 951 | $4.62B | -1.4% | 18% |
| CEDARS-SINAI MEDICAL CENTER | CA | 908 | $3.92B | -5.5% | 38% |
| INDIANA UNIVERSITY HEALTH | IN | 1269 | $3.58B | -38.4% | 16% |