MACKINAC STRAITS HEALTH SYSTEM INC
CCN 231306 — ST. IGNACE, MI — 15 beds
🛡️ Public data only — no PHI permitted on this instance.
HOSP
MACKINAC STRAITS HEALTH SYSTEM INC
CCN 231306|LOC ST. IGNACE, MI|BEDS 15|NPR $62.2M|MARGIN 1.1%
24
F
SeekingChartis Score
INVESTMENT THESIS
Selective: MACKINAC STRAITS HEALTH SYSTEM INC
56
/ 100 (C)
+$4.6M
EBITDA Uplift
+736bps
Margin Δ
0.0%
Op Margin
$62.2M
Revenue
—
Realization
—
Peer Rank
SIGNAL STRENGTH
Margin
0.0%
Safety
46%
CATALYSTS
RISKS
▼Elevated distress risk (54%)
▼Small facility — limited scale economies
Hold / Selective — investigate specific opportunities but be prepared for execution risk.
$62.2M
Net Patient Revenue
1.1%
Operating Margin
$0.7M
Net Income
15
Licensed Beds
$4,150K
Revenue per Bed
$61.6M
Operating Expenses
Payer Mix
PYR■ MEDICARE · 44%■ MEDICAID · 0%■ COMMERCIAL · 55%
Score Breakdown
SCComposite · 24/100| Component | Score | Max | % | Distribution |
|---|---|---|---|---|
| Market Position | 9 | 35 | 27% | |
| Financial Health | 9 | 25 | 37% | |
| 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
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