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HOSP

ADVENTHEALTH MANCHESTER

CCN 180043|LOC MANCHESTER, KY|BEDS 49|NPR $73.0M|MARGIN -11.0%

SeekingChartis Score

INVESTMENT THESIS

Selective: ADVENTHEALTH MANCHESTER

/ 100 (C)

+$5.4M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$73.0M

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

52%

CATALYSTS

▲RCM uplift of $5.4M (+736bps)

RISKS

▼Elevated distress risk (48%)

▼Small facility — limited scale economies

Hold / Selective — investigate specific opportunities but be prepared for execution risk.

Peer Analysis EBITDA Bridge Data Room IC Memo ML Detail

$73.0M

Net Patient Revenue

-11.0%

Operating Margin

$-8.0M

Net Income

Licensed Beds

$1,490K

Revenue per Bed

$81.0M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 24%■ MEDICAID · 2%■ COMMERCIAL · 74%

Score Breakdown

SCComposite · 21/100

Component	Score	Max	%
Market Position	11	35	31%
Financial Health	5	25	20%
Operational Quality	0	20	0%
Competitive Moat	1	20	3%

Comparable Hospitals

CMP

CCN	Hospital	Beds	NPR
180001	ST ELIZABETH FT THOMAS	128	$0M
180002	WHITESBURG ARH	90	$0M
180004	MUHLENBERG COMMUNITY HOSPITAL	47	$0M
180005	HIGHLANDS REGIONAL MEDICAL CENTER	63	$0M
180009	KINGS DAUGHTERS MEDICAL CENTER	367	$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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