HCRIS X-Ray — PRINCETON BAPTIST MEDICAL CENTER
CCN 010103 · 261 beds · FY2022
🛡️ Public data only — no PHI permitted on this instance.
HCRIS-Native Peer X-Ray
PRINCETON BAPTIST MEDICAL CENTER
14 peers · same-state + same-year · 14 pool, top 14 shown · benchmarked on 15 metrics
CCN 010103 · FY2022 · BIRMINGHAM, AL
PRINCETON BAPTIST MEDICAL CENTERTREND · FLAT · 3Y
Beds
261
Community
Patient Days
55,816
58.6% occupancy
Medicare Day Share
17.2%
moderate
NPR (filed)
$216.3M
$829K / bed
Operating Margin
2.3%
Thin
Payer Diversity
0.51
1 − HHI of day mix
Plain-English read: Biggest peer gap: Contractual allowance rate is 89.6% vs peer median 79.8% (+12.3%, above peer P75). Strongest outperformance: Operating margin at 2.3% vs median -6.4% (+136.0%).
Peer benchmark · target vs P25 / median / P75 · same-state + same-year · 14 pool, top 14 shown
Size
Metric
Target
Peer P25
Peer Median
Peer P75
Variance
Trend · Distribution
Beds
licensed bed count
261
208
223
256
+17.0%
ABOVE PEER
Patient days
total inpatient days filed
55,816
38,726
59,148
67,263
-5.6%
IN-BAND
Occupancy rate
patient days ÷ bed days available
58.6%
50.0%
65.6%
76.1%
-10.7%
IN-BAND
Payer Mix
Metric
Target
Peer P25
Peer Median
Peer P75
Variance
Trend · Distribution
Medicare day share
share of inpatient days covered by Medicare
17.2%
17.7%
21.1%
22.7%
-18.3%
ABOVE PEER
Medicaid day share
share of inpatient days covered by Medicaid
17.4%
12.1%
15.7%
22.5%
+10.5%
IN-BAND
Commercial / other day share
commercial + self-pay day share (higher = better economics)
65.4%
57.1%
59.2%
62.6%
+10.5%
ABOVE PEER
Payer diversity
1 − HHI of day mix; 0 = single-payer, 0.67 = balanced across 3
0.51
0.50
0.55
0.56
-6.7%
IN-BAND
Revenue Cycle
Metric
Target
Peer P25
Peer Median
Peer P75
Variance
Trend · Distribution
NPR per bed
net patient revenue ÷ beds
828,690 $
709,723 $
815,095 $
1,084,295 $
+1.7%
IN-BAND
NPR per patient day
net patient revenue ÷ total patient days
3,875 $
3,449 $
3,857 $
4,119 $
+0.5%
IN-BAND
Contractual allowance rate
contractual allowances ÷ gross patient revenue
89.6%
73.4%
79.8%
89.0%
+12.3%
BELOW PEER
Net-to-gross ratio
NPR ÷ gross patient revenue (collection-rate proxy)
10.4%
10.2%
17.7%
25.0%
-41.3%
IN-BAND
Cost Structure
Metric
Target
Peer P25
Peer Median
Peer P75
Variance
Trend · Distribution
Opex per bed
operating expenses ÷ beds
809,672 $
778,870 $
895,851 $
1,047,331 $
-9.6%
IN-BAND
Opex per patient day
operating expenses ÷ total patient days
3,786 $
3,574 $
3,896 $
4,196 $
-2.8%
IN-BAND
Margin
Metric
Target
Peer P25
Peer Median
Peer P75
Variance
Trend · Distribution
Operating margin
(NPR − opex) ÷ NPR
2.3%
-10.4%
-6.4%
-0.3%
+136.0%
ABOVE PEER
Net income margin
net income ÷ NPR
2.3%
-10.4%
-6.4%
-0.3%
+136.0%
ABOVE PEER
How to read: Target column is the filed value from the hospital's most recent Medicare cost report. P25 / median / P75 are drawn from the 14 peer hospitals matched on size cohort, state, payer mix, and fiscal year. Variance is signed % vs peer median; green chip = better than peers on this metric; red chip = worse than peers; amber/neutral = inside the P25-P75 band.
Public market context · Seeking Alpha hospital comps
Target operating margin +2.3% trails public-comp median +14.2% by 11.9 pp. Public comps trade at a median EV/EBITDA of ~9x; target-implied multiple should adjust for the margin delta + size discount.
| Ticker | Company | Op Margin | Target Δ | EV/EBITDA |
|---|---|---|---|---|
| HCA | HCA Healthcare | +16.9% | -14.6pp | 8.9× |
| THC | Tenet Healthcare | +14.2% | -11.9pp | 8.8× |
| UHS | Universal Health Services | +11.5% | -9.2pp | 7.4× |
| ARDT | Ardent Health Partners | +7.8% | -5.5pp | 10.2× |
Public-hospital comps are curated from 10-K / analyst consensus via → Seeking Alpha Market Intel. Margin delta × $ of NPR ≈ the EBITDA gap between the target and the public bench.
Peer roster
| CCN | Hospital | State | Beds | FY | Medicare % | Op Margin | NPR ($M) | Distance | Same-state | Same-region |
|---|---|---|---|---|---|---|---|---|---|---|
| 010024 | JACKSON HOSPITAL AND CLINIC INC | AL | 278 | 2022 | 20.4% | -10.4% | 301.4 | 0.446 | ✓ | ✓ |
| 010011 | ST. VINCENTS EAST | AL | 286 | 2022 | 20.3% | -20.2% | 249.1 | 0.577 | ✓ | ✓ |
| 010046 | RIVERVIEW REGIONAL MEDICAL CENTER | AL | 256 | 2022 | 27.9% | -3.6% | 101.5 | 0.622 | ✓ | ✓ |
| 010040 | GADSDEN REGIONAL MEDICAL CENTER | AL | 219 | 2022 | 22.7% | +2.3% | 174.6 | 0.672 | ✓ | ✓ |
| 010029 | EAST ALABAMA MEDICAL CENTER | AL | 297 | 2022 | 21.6% | -6.5% | 399.6 | 0.682 | ✓ | ✓ |
| 010078 | NORTHEAST ALABAMA REGIONAL MED CTR | AL | 295 | 2022 | 27.5% | -11.8% | 209.4 | 0.702 | ✓ | ✓ |
| 010087 | USA HEALTH UNIVERSITY HOSPITAL | AL | 242 | 2022 | 14.8% | -6.4% | 348.5 | 0.710 | ✓ | ✓ |
| 010114 | UAB MEDICAL WEST | AL | 204 | 2022 | 17.7% | -12.5% | 142.7 | 0.801 | ✓ | ✓ |
| 010016 | SHELBY BAPTIST MEDICAL CENTER | AL | 212 | 2022 | 22.7% | -0.9% | 161.1 | 0.825 | ✓ | ✓ |
| 010006 | NORTH ALABAMA MEDICAL CENTER | AL | 223 | 2022 | 30.9% | +0.5% | 259.5 | 1.004 | ✓ | ✓ |
| 010149 | BAPTIST MEDICAL CENTER EAST | AL | 208 | 2022 | 12.6% | -9.9% | 169.5 | 1.004 | ✓ | ✓ |
| 010089 | WALKER BAPTIST MEDICAL CENTER | AL | 207 | 2022 | 21.1% | +18.2% | 108.7 | 1.021 | ✓ | ✓ |
| 013301 | USA CHILDRENS AND WOMENS HOSPITAL | AL | 249 | 2022 | 0.2% | -0.3% | 228.8 | 1.126 | ✓ | ✓ |
| 010055 | FLOWERS HOSPITAL | AL | 193 | 2022 | 27.2% | +14.2% | 235.5 | 1.224 | ✓ | ✓ |
Cross-reference · pre-seeded with HCRIS-filed NPR, operating margin + peer-median 9.0× entry cap structure
EV
$97M (9.0× $10.8M EBITDA) · Equity $41M · Debt $56M · override any of these on the destination page.JSON export — full X-Ray payload
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