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HOSP

FRANCISCAN HEALTH MICHIGAN CITY

CCN 150015|LOC MICHIGAN CITY, IN|BEDS 119|NPR $276.7M|MARGIN 6.1%

SeekingChartis Score

INVESTMENT THESIS

Buy: FRANCISCAN HEALTH MICHIGAN CITY

/ 100 (B)

+$20.4M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$276.7M

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

58%

CATALYSTS

▲RCM uplift of $20.4M (+736bps)

RISKS

▼Elevated distress risk (42%)

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

Peer Analysis EBITDA Bridge Data Room IC Memo ML Detail

$276.7M

Net Patient Revenue

6.1%

Operating Margin

$17.0M

Net Income

119

Licensed Beds

$2,325K

Revenue per Bed

$259.8M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 37%■ MEDICAID · 3%■ COMMERCIAL · 61%

Score Breakdown

SCComposite · 43/100

Component	Score	Max	%
Market Position	16	35	45%
Financial Health	15	25	60%
Operational Quality	0	20	0%
Competitive Moat	4	20	20%

Comparable Hospitals

CMP

CCN	Hospital	Beds	NPR
150001	JOHNSON MEMORIAL HOSPITAL	58	$0M
150002	METHODIST HOSPITALS INC	405	$0M
150004	FRANCISCAN HEALTH HAMMOND	10	$0M
150005	HENDRICKS REGIONAL HEALTH	130	$0M
150006	LAPORTE HOSPITAL	74	$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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