Corpus Intelligence HCRIS X-Ray — CRESTWOOD MEDICAL CENTER 2026-04-26 13:11 UTC
HCRIS X-Ray — CRESTWOOD MEDICAL CENTER
CCN 010131 · 164 beds · FY2022
🛡️ Public data only — no PHI permitted on this instance.
HCRIS-Native Peer X-Ray
CRESTWOOD MEDICAL CENTER
25 peers · same-state, any year · 28 pool, top 25 shown · benchmarked on 15 metrics
CCN 010131 · FY2022 · HUNTSVILLE, AL
CRESTWOOD MEDICAL CENTERTREND · IMPROVING · 3Y
Beds
164
Community
Patient Days
39,718
63.9% occupancy
Medicare Day Share
28.9%
moderate
NPR (filed)
$258.9M
$1,579K / bed
Operating Margin
14.6%
Strong
Payer Diversity
0.53
1 − HHI of day mix
Plain-English read: Biggest peer gap: Net-to-gross ratio is 7.4% vs peer median 23.0% (-67.9%, below peer P25). Strongest outperformance: Operating margin at 14.6% vs median 0.2% (+6668.4%).
Peer benchmark · target vs P25 / median / P75 · same-state, any year · 28 pool, top 25 shown
Size
Metric
Target
Peer P25
Peer Median
Peer P75
Variance
Trend · Distribution
Beds
licensed bed count
164
179
191
204
-14.1%
BELOW PEER
Target: 164
Patient days
total inpatient days filed
39,718
33,558
38,726
55,499
+2.6%
IN-BAND
Target: 3.97e+04
Occupancy rate
patient days ÷ bed days available
63.9%
46.1%
57.1%
79.0%
+11.9%
IN-BAND
Target: 0.639
Payer Mix
Metric
Target
Peer P25
Peer Median
Peer P75
Variance
Trend · Distribution
Medicare day share
share of inpatient days covered by Medicare
28.9%
20.6%
23.9%
28.8%
+20.8%
BELOW PEER
Target: 0.289
Medicaid day share
share of inpatient days covered by Medicaid
9.4%
11.0%
16.8%
21.2%
-44.4%
ABOVE PEER
Target: 0.0935
Commercial / other day share
commercial + self-pay day share (higher = better economics)
61.8%
52.0%
59.4%
64.2%
+4.0%
IN-BAND
Target: 0.618
Payer diversity
1 − HHI of day mix; 0 = single-payer, 0.67 = balanced across 3
0.53
0.51
0.55
0.61
-5.1%
IN-BAND
Target: 0.526
Revenue Cycle
Metric
Target
Peer P25
Peer Median
Peer P75
Variance
Trend · Distribution
NPR per bed
net patient revenue ÷ beds
1,578,869 $
699,377 $
930,771 $
1,187,113 $
+69.6%
ABOVE PEER
Target: 1.58e+06
NPR per patient day
net patient revenue ÷ total patient days
6,519 $
3,825 $
4,119 $
4,320 $
+58.3%
ABOVE PEER
Target: 6.52e+03
Contractual allowance rate
contractual allowances ÷ gross patient revenue
92.6%
68.8%
77.0%
88.8%
+20.3%
BELOW PEER
Target: 0.926
Net-to-gross ratio
NPR ÷ gross patient revenue (collection-rate proxy)
7.4%
11.2%
23.0%
31.2%
-67.9%
BELOW PEER
Target: 0.0738
Cost Structure
Metric
Target
Peer P25
Peer Median
Peer P75
Variance
Trend · Distribution
Opex per bed
operating expenses ÷ beds
1,347,848 $
717,411 $
929,212 $
1,165,244 $
+45.1%
BELOW PEER
Target: 1.35e+06
Opex per patient day
operating expenses ÷ total patient days
5,565 $
3,564 $
4,169 $
4,702 $
+33.5%
BELOW PEER
Target: 5.57e+03
Margin
Metric
Target
Peer P25
Peer Median
Peer P75
Variance
Trend · Distribution
Operating margin
(NPR − opex) ÷ NPR
14.6%
-6.3%
0.2%
7.6%
+6668.4%
ABOVE PEER
Target: 0.146
Net income margin
net income ÷ NPR
14.6%
-6.3%
0.2%
7.6%
+6668.4%
ABOVE PEER
Target: 0.146
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 25 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 +14.6% beats public-comp median +14.2% by 0.4 pp. Public comps trade at a median EV/EBITDA of ~9x; target-implied multiple should adjust for the margin delta + size discount.
TickerCompanyOp MarginTarget ΔEV/EBITDA
HCAHCA Healthcare+16.9%-2.3pp8.9×
THCTenet Healthcare+14.2%+0.4pp8.8×
UHSUniversal Health Services+11.5%+3.1pp7.4×
ARDTArdent Health Partners+7.8%+6.8pp10.2×
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
Peer roster · sorted by feature distance (closest match first) · CSV export wired
CCNHospitalStateBedsFYMedicare %Op MarginNPR ($M)DistanceSame-stateSame-region
010100THOMAS HOSPITALAL164202226.8%+6.2%244.70.222✓✓
010131CRESTWOOD MEDICAL CENTERAL174202128.3%+13.3%246.60.242✓✓
010131CRESTWOOD MEDICAL CENTERAL180202030.9%+12.4%243.30.372✓✓
010005MARSHALL MEDICAL CENTERS SOUTHAL178202226.1%-6.3%186.90.548✓✓
010019HELEN KELLER HOSPITALAL172202135.9%-8.0%105.00.582✓✓
010144SPRINGHILL MEMORIAL HOSPITALAL179202220.6%-3.8%216.20.585✓✓
010019HELEN KELLER HOSPITALAL178202230.3%-28.0%92.00.620✓✓
010019HELEN KELLER HOSPITALAL172202040.2%-24.8%105.50.742✓✓
010055FLOWERS HOSPITALAL193202227.2%+14.2%235.50.757✓✓
010005MARSHALL MEDICAL CENTERS SOUTHAL192202130.6%+0.2%178.80.765✓✓
010144SPRINGHILL MEMORIAL HOSPITALAL189202022.0%-3.8%212.30.792✓✓
010144SPRINGHILL MEMORIAL HOSPITALAL189202120.1%-1.3%224.40.824✓✓
010055FLOWERS HOSPITALAL204202128.8%+14.3%231.80.876✓✓
010005MARSHALL MEDICAL CENTER - SOUTHAL195202035.6%-10.4%179.80.943✓✓
010016SHELBY BAPTIST MEDICAL CENTERAL212202123.9%+3.1%170.71.062✓✓
010016SHELBY BAPTIST MEDICAL CENTERAL212202022.6%+7.6%164.61.087✓✓
010087USA HEALTH UNIVERSITY HOSPITALAL191202017.2%+3.1%249.61.099✓✓
010114UAB MEDICAL WESTAL204202023.8%-1.3%126.01.146✓✓
010016SHELBY BAPTIST MEDICAL CENTERAL212202222.7%-0.9%161.11.153✓✓
010149BAPTIST MEDICAL CENTER EASTAL184202113.4%-12.7%175.61.161✓✓
010149BAPTIST MEDICAL CENTER EASTAL184202014.2%+2.1%171.31.167✓✓
010114UAB MEDICAL WESTAL204202119.0%+1.9%142.71.193✓✓
010114UAB MEDICAL WESTAL204202217.7%-12.5%142.71.194✓✓
010089WALKER BAPTIST MEDICAL CENTERAL207202026.8%+11.4%100.91.229✓✓
010089WALKER BAPTIST MEDICAL CENTERAL207202123.7%+16.0%110.61.269✓✓
Cross-reference · pre-seeded with HCRIS-filed NPR, operating margin + peer-median 9.0× entry cap structure
→ Deal MC · → Payer Stress · → Covenant Stress · → Regulatory Calendar · → Bear Case
EV $341M (9.0× $37.9M EBITDA) · Equity $143M · Debt $198M · override any of these on the destination page.
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