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

HOSP

MCKENZIE HEALTH SYSTEM

CCN 231314|LOC SANDUSKY, MI|BEDS 25|NPR $25.8M|MARGIN -7.1%

SeekingChartis Score

INVESTMENT THESIS

Pass: MCKENZIE HEALTH SYSTEM

/ 100 (D)

+$1.9M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$25.8M

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

nan%

CATALYSTS

RISKS

▼Small facility — limited scale economies

Speculative — only pursue if turnaround thesis is strong and entry multiple reflects risk.

Peer Analysis EBITDA Bridge Data Room IC Memo ML Detail

$25.8M

Net Patient Revenue

-7.1%

Operating Margin

$-1.8M

Net Income

Licensed Beds

$1,030K

Revenue per Bed

$27.6M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 53%■ MEDICAID · nan%■ COMMERCIAL · 0%

Score Breakdown

SCComposite · 18/100

Component	Score	Max	%
Market Position	8	35	22%
Financial Health	6	25	24%
Operational Quality	0	20	0%
Competitive Moat	0	20	2%

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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