Competitive Intelligence — HERRICK MEDICAL CENTER
CCN 231334 | MI | 25 beds | Nat'l margin P34 | 17 gaps to P75
🛡️ Public data only — no PHI permitted on this instance.
$16.0M
Net Revenue
-11.3%
Margin (P34)
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 | $16.0M | P17 | P13 | P30 | P20 | ▲ higher |
| Operating Margin | -11.3% | P34 | P29 | P38 | P25 | ▲ higher |
| Bed Count | 25 | P16 | P14 | P30 | P21 | ▶ neutral |
| Revenue per Bed | $640K | P30 | P21 | P35 | P24 | ▲ higher |
| Occupancy Rate | 0.8% | P0 | P1 | P0 | P3 | ▲ higher |
| Net-to-Gross Ratio | 33.5% | P51 | P46 | P30 | P30 | ▲ higher |
| Expense per Bed | $712K | P30 | P22 | P33 | P25 | ▼ lower |
| Medicare Day % | 52.8% | P83 | P96 | P68 | P92 | ▶ neutral |
| Medicaid Day % | 0.0% | P0 | P0 | P0 | P0 | ▶ neutral |
| Commercial Payer % | 47.2% | P27 | P6 | P46 | P10 | ▲ higher |
| Payer Diversity Index | 0.498 | P64 | P86 | P58 | P82 | ▲ higher |
| Total Patient Days | 53 | P0 | P1 | P0 | P1 | ▲ 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 |
|---|---|---|---|---|---|
| Net Patient Revenue | $16.0M | $68.6M | +$52.6M | P20 | ~$131.6M |
| Net Patient Revenue | $16.0M | $50.4M | +$34.4M | P30 | ~$86.1M |
| Revenue per Bed | $640K | $2.4M | +$1.7M | P24 | ~$4.3M |
| Revenue per Bed | $640K | $1.9M | +$1.3M | P35 | ~$3.2M |
| Expense per Bed | $712K | $2.0M | -$167K | P33 | ~$418K |
| Expense per Bed | $712K | $2.4M | -$20K | P25 | ~$51K |
| Total Patient Days | 53 | 5,838 | +5,786 | P0 | — |
| Total Patient Days | 53 | 5,274 | +5,220 | P1 | — |
| Occupancy Rate | 0.8% | 56.3% | +55.5% | P0 | ~$8.9M |
| Occupancy Rate | 0.8% | 53.3% | +52.5% | P3 | ~$8.4M |
Top Size-Matched Peers
12–50 beds, ranked by revenue. Click any peer for full profile.
| Hospital | State | Beds | Revenue | Margin | Medicare |
|---|---|---|---|---|---|
| HERRICK MEDICAL CENTER (Target) | MI | 25 | $16.0M | -11.3% | 53% |
| 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% |