RCM Diligence — Deal Autopsy
Historical failure-pattern match
🛡️ Public data only — no PHI permitted on this instance.
RCM Diligence
Deal Autopsy — Historical Failure Match
The Deal Autopsy engine compares your target's 9-feature risk signature against a curated library of historical PE healthcare deals — bankruptcies, distressed sales, delistings, and strong exits — and surfaces the closest matches along with the partner lesson from each outcome. Treat it as a "you're about to do X again" check layered on top of the rest of the diligence stack.
Library composition
12 historical deals
Bankruptcy1
Chapter 115
Distressed sale1
Delisted1
Strong exit3
Strong public1
Full library
| Deal | Sponsor | Sector | Entry | Outcome | Year | Primary driver |
|---|---|---|---|---|---|---|
| Steward Health Care | Cerberus Capital Management | HOSPITAL SYSTEM | 2010 | Bankruptcy | 2024 | sale-leaseback_to_mpt_crushed_ebitdar_coverage |
| Envision Healthcare | KKR | PHYSICIAN STAFFING | 2018 | Chapter 11 | 2023 | no_surprises_act_killed_oon_billing_model |
| HCR ManorCare | Carlyle Group | SNF | 2007 | Chapter 11 | 2018 | reit_lease_plus_doj_false_claims_plus_wage_inflation |
| Prospect Medical Holdings | Leonard Green & Partners | HOSPITAL SYSTEM | 2010 | Distressed sale | 2023 | dividend_recap_plus_mpt_sale_leaseback_plus_capex_starvation |
| Adeptus Health | Sterling Partners (pre-IPO); IPO 2014 | OTHER | 2014 | Chapter 11 | 2017 | freestanding_er_oon_billing_collided_with_payer_pushback |
| Genesis HealthCare | Formation Capital / JER Partners | SNF | 2007 | Delisted | 2021 | reit_lease_plus_medicare_bundle_plus_wage_inflation |
| Quorum Health | CHS spin (2016) | HOSPITAL SYSTEM | 2016 | Chapter 11 | 2020 | rural_hospital_economics_plus_spinco_leverage |
| Air Methods | American Securities | OTHER | 2017 | Chapter 11 | 2023 | no_surprises_act_eliminated_oon_air_ambulance_billing |
| HCA Healthcare | Bain + KKR + MLGPE | HOSPITAL SYSTEM | 2006 | Strong exit | 2011 | — |
| USPI (United Surgical Partners International) | Welsh Carson → Tenet | ASC | 2015 | Strong exit | 2022 | — |
| LHC Group | Public-market roll-up → UHG 2023 | OTHER | 2018 | Strong exit | 2023 | — |
| Surgery Partners | Bain Capital | ASC | 2017 | Strong public | 2024 | — |