Competitive Intelligence — SPECTRUM HEALTH REED CITY
CCN 231323 | MI | 25 beds | Nat'l margin P94 | 11 gaps to P75
🛡️ Public data only — no PHI permitted on this instance.
$77.1M
Net Revenue
21.2%
Margin (P94)
25
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=2,513) | MI Size-Matched (n=72) | Direction |
|---|---|---|---|---|---|---|
| Net Patient Revenue | $77.1M | P55 | P53 | P87 | P82 | ▲ higher |
| Operating Margin | 21.2% | P94 | P97 | P95 | P99 | ▲ higher |
| Bed Count | 25 | P16 | P14 | P30 | P21 | ▶ neutral |
| Revenue per Bed | $3.1M | P92 | P92 | P90 | P92 | ▲ higher |
| Occupancy Rate | 0.7% | P0 | P1 | P0 | P1 | ▲ higher |
| Net-to-Gross Ratio | 42.1% | P65 | P70 | P46 | P59 | ▲ higher |
| Expense per Bed | $2.4M | P84 | P81 | P82 | P76 | ▼ lower |
| Medicare Day % | 28.3% | P44 | P50 | P23 | P25 | ▶ neutral |
| Medicaid Day % | 6.7% | P59 | P88 | P64 | P97 | ▶ neutral |
| Commercial Payer % | 65.0% | P58 | P36 | P78 | P50 | ▲ higher |
| Payer Diversity Index | 0.493 | P60 | P81 | P53 | P74 | ▲ higher |
| Total Patient Days | 60 | P0 | P2 | P0 | P3 | ▲ 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 |
|---|---|---|---|---|---|
| Expense per Bed | $2.4M | $2.0M | -$1.9M | P82 | ~$4.7M |
| Expense per Bed | $2.4M | $2.3M | -$1.7M | P76 | ~$4.3M |
| Total Patient Days | 60 | 5,838 | +5,778 | P0 | — |
| Total Patient Days | 60 | 5,274 | +5,214 | P3 | — |
| Occupancy Rate | 0.7% | 56.3% | +55.6% | P0 | ~$42.9M |
| Occupancy Rate | 0.7% | 53.3% | +52.6% | P1 | ~$40.5M |
| Net-to-Gross Ratio | 42.1% | 59.1% | +17.0% | P46 | ~$13.1M |
| Net-to-Gross Ratio | 42.1% | 48.8% | +6.7% | P59 | ~$5.2M |
| Commercial Payer % | 65.0% | 69.1% | +4.1% | P50 | ~$3.1M |
| Payer Diversity Index | 0.493 | 0.528 | +0.035 | P53 | — |
Top Size-Matched Peers
12–50 beds, ranked by revenue. Click any peer for full profile.
| Hospital | State | Beds | Revenue | Margin | Medicare |
|---|---|---|---|---|---|
| SPECTRUM HEALTH REED CITY (Target) | MI | 25 | $77.1M | 21.2% | 28% |
| DANA-FARBER CANCER INSTITUTE | MA | 30 | $1.88B | -35.1% | 35% |
| FRED HUTCHINSON CANCER CENTER | WA | 20 | $1.17B | -50.0% | 22% |
| MERCY WALWORTH HOSPITAL | WI | 25 | $616.4M | 4.4% | 34% |
| MOUNTAIN VIEW HOSPITAL | ID | 43 | $382.5M | 8.7% | 5% |
| WISE HEALTH SYSTEM - PARKWAY | TX | 36 | $361.0M | -15.5% | 26% |
| CORYELL MEMORIAL HOSPITAL | TX | 25 | $305.9M | -1.5% | 28% |
| VALLEY VIEW HOSPITAL | CO | 31 | $285.3M | -3.1% | 34% |
| TAHOE FOREST HOSPITAL | CA | 25 | $264.3M | 13.0% | 34% |
| MASSACHUSETTS EYE AND EAR INFI | MA | 41 | $263.9M | -36.1% | 33% |
| CENTRAL PENINSULA GENERAL HOSP | AK | 49 | $255.1M | 5.5% | 49% |