🛡️ Public data only — no PHI permitted on this instance.

HOSP

BANNER ESTRELLA MEDICAL CENTER

CCN 030115|LOC PHOENIX, AZ|BEDS 317|NPR $1,837.2M|MARGIN 79.2%

B+

SeekingChartis Score

INVESTMENT THESIS

Buy: BANNER ESTRELLA MEDICAL CENTER

/ 100 (B)

+$135.2M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$1.84B

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

47%

CATALYSTS

▲RCM uplift of $135.2M (+736bps)

▲Platform-sized facility

RISKS

▼Elevated distress risk (53%)

▼High Medicaid exposure (40%)

Buy — solid fundamentals with identifiable value creation levers. Proceed to detailed diligence.

Peer Analysis EBITDA Bridge Data Room IC Memo ML Detail

$1,837.2M

Net Patient Revenue

79.2%

Operating Margin

$1,454.6M

Net Income

317

Licensed Beds

$5,796K

Revenue per Bed

$382.6M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 13%■ MEDICAID · 40%■ COMMERCIAL · 48%

Score Breakdown

SCComposite · 76/100

Component	Score	Max	%
Market Position	26	35	74%
Financial Health	25	25	100%
Operational Quality	0	20	0%
Competitive Moat	10	20	51%

Comparable Hospitals

CMP

CCN	Hospital	Beds	NPR
030002	BANNER UNIVERSITY MEDICAL CENTER PHX	656	$0M
030006	TUCSON MEDICAL CENTER	499	$0M
030007	VERDE VALLEY MEDICAL CENTER	87	$0M
030010	CARONDELET ST. MARYS HOSPITAL	357	$0M
030011	CARONDELET ST. JOSEPH HOSPITAL	451	$0M

Team Notes

NOTE0 entries

Actions

ACT

WFDiligence Workflow

Competitive Intel EBITDA Bridge Data Room IC Memo Scenarios

AIDeep Analysis

ML Analysis Demand 3-Year History Stats Bayesian

FINFinancial Models

DCF LBO 3-Statement Returns Market Denial

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