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

HOSP

HARLAN ARH

CCN 180050|LOC HARLAN, KY|BEDS 56|NPR $69.9M|MARGIN -24.1%

SeekingChartis Score

INVESTMENT THESIS

Selective: HARLAN ARH

/ 100 (C)

+$5.1M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$69.9M

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

50%

CATALYSTS

▲RCM uplift of $5.1M (+736bps)

RISKS

▼Elevated distress risk (50%)

▼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

$69.9M

Net Patient Revenue

-24.1%

Operating Margin

$-16.8M

Net Income

Licensed Beds

$1,249K

Revenue per Bed

$86.7M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 31%■ MEDICAID · 3%■ COMMERCIAL · 66%

Score Breakdown

SCComposite · 17/100

Component	Score	Max	%
Market Position	11	35	31%
Financial Health	2	25	6%
Operational Quality	0	20	0%
Competitive Moat	1	20	4%

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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