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

HOSP

KINDRED HOSPITAL NORTHLAND

CCN 262018|LOC KANSAS CITY, MO|BEDS 50|NPR $19.2M|MARGIN -17.8%

SeekingChartis Score

INVESTMENT THESIS

Selective: KINDRED HOSPITAL NORTHLAND

/ 100 (C)

+$1.4M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$19.2M

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

48%

CATALYSTS

RISKS

▼Elevated distress risk (52%)

▼High Medicaid exposure (32%)

▼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

$19.2M

Net Patient Revenue

-17.8%

Operating Margin

$-3.4M

Net Income

Licensed Beds

$384K

Revenue per Bed

$22.6M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 21%■ MEDICAID · 32%■ COMMERCIAL · 46%

Score Breakdown

SCComposite · 15/100

Component	Score	Max	%
Market Position	8	35	23%
Financial Health	3	25	13%
Operational Quality	0	20	0%
Competitive Moat	1	20	3%

Comparable Hospitals

CMP

CCN	Hospital	Beds	NPR
260001	MERCY HOSPITAL JOPLIN	242	$0M
260005	SSM HEALTH ST. JOSEPH HOSPITAL - SC	384	$0M
260006	HEARTLAND REGIONAL MEDICAL CENTER	352	$0M
260009	BOTHWELL REGIONAL HEALTH CENTER	108	$0M
260011	SSM HEALTH-ST. MARYS-JEFFERSON CITY	167	$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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