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HOSP

CARROLL COUNTY GENERAL HOSPITAL

CCN 210033|LOC WESTMINSTER, MD|BEDS 165|NPR $226.9M|MARGIN -3.3%

SeekingChartis Score

INVESTMENT THESIS

Buy: CARROLL COUNTY GENERAL HOSPITAL

/ 100 (B)

+$16.7M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$226.9M

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

51%

CATALYSTS

▲RCM uplift of $16.7M (+736bps)

RISKS

▼Elevated distress risk (49%)

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

Peer Analysis EBITDA Bridge Data Room IC Memo ML Detail

$226.9M

Net Patient Revenue

-3.3%

Operating Margin

$-7.6M

Net Income

165

Licensed Beds

$1,375K

Revenue per Bed

$234.5M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 48%■ MEDICAID · 3%■ COMMERCIAL · 49%

Score Breakdown

SCComposite · 33/100

Component	Score	Max	%
Market Position	17	35	48%
Financial Health	7	25	28%
Operational Quality	0	20	0%
Competitive Moat	2	20	11%

Comparable Hospitals

CMP

CCN	Hospital	Beds	NPR
210001	MERITUS MEDICAL CENTER	265	$0M
210002	UNIVERSITY OF MARYLAND MED SYS	779	$0M
210003	UNIV OF MD CAPITAL REGION MED CTR	220	$0M
210004	HOLY CROSS HOSPITAL	399	$0M
210005	FREDERICK MEMORIAL HOSPITAL	279	$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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