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HOSP

MUNSON HEALTHCARE GRAYLING HOSPITAL

CCN 230058|LOC GRAYLING, MI|BEDS 42|NPR $87.2M|MARGIN -10.3%

SeekingChartis Score

INVESTMENT THESIS

Selective: MUNSON HEALTHCARE GRAYLING HOSPITAL

/ 100 (C)

+$6.4M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$87.2M

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

51%

CATALYSTS

▲RCM uplift of $6.4M (+736bps)

RISKS

▼Elevated distress risk (49%)

▼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

$87.2M

Net Patient Revenue

-10.3%

Operating Margin

$-8.9M

Net Income

Licensed Beds

$2,077K

Revenue per Bed

$96.2M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 30%■ MEDICAID · 2%■ COMMERCIAL · 68%

Score Breakdown

SCComposite · 21/100

Component	Score	Max	%
Market Position	11	35	31%
Financial Health	5	25	21%
Operational Quality	0	20	0%
Competitive Moat	1	20	3%

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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