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

HOSP

ASCENSION PROVIDENCE HOSPITAL

CCN 230019|LOC SOUTHFIELD, MI|BEDS 527|NPR $849.3M|MARGIN -6.5%

C-

SeekingChartis Score

INVESTMENT THESIS

Selective: ASCENSION PROVIDENCE HOSPITAL

/ 100 (C)

+$62.5M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$849.3M

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

58%

CATALYSTS

▲RCM uplift of $62.5M (+736bps)

▲Platform-sized facility

RISKS

▼Elevated distress risk (42%)

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

Peer Analysis EBITDA Bridge Data Room IC Memo ML Detail

$849.3M

Net Patient Revenue

-6.5%

Operating Margin

$-55.6M

Net Income

527

Licensed Beds

$1,611K

Revenue per Bed

$904.8M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 25%■ MEDICAID · 3%■ COMMERCIAL · 72%

Score Breakdown

SCComposite · 54/100

Component	Score	Max	%
Market Position	30	35	85%
Financial Health	6	25	25%
Operational Quality	0	20	0%
Competitive Moat	7	20	35%

Comparable Hospitals

CMP

CCN	Hospital	Beds	NPR
230002	TRINITY HEALTH - LIVONIA	239	$0M
230003	SPECTRUM HEALTH ZEELAND	55	$0M
230005	PROMEDICA HICKMAN HOSPITAL	58	$0M
230013	PONTIAC GENERAL HOSPITAL	47	$0M
230015	THREE RIVERS HEALTH	48	$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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