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

HOSP

COVENANT MEDICAL CENTER

CCN 450040|LOC LUBBOCK, TX|BEDS 360|NPR $437.7M|MARGIN -23.9%

SeekingChartis Score

INVESTMENT THESIS

Selective: COVENANT MEDICAL CENTER

/ 100 (C)

+$32.2M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$437.7M

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

57%

CATALYSTS

▲RCM uplift of $32.2M (+736bps)

▲Platform-sized facility

RISKS

▼Elevated distress risk (43%)

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

Peer Analysis EBITDA Bridge Data Room IC Memo ML Detail

$437.7M

Net Patient Revenue

-23.9%

Operating Margin

$-104.7M

Net Income

360

Licensed Beds

$1,216K

Revenue per Bed

$542.4M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 31%■ MEDICAID · 0%■ COMMERCIAL · 68%

Score Breakdown

SCComposite · 38/100

Component	Score	Max	%
Market Position	24	35	69%
Financial Health	2	25	6%
Operational Quality	0	20	0%
Competitive Moat	5	20	24%

Comparable Hospitals

CMP

CCN	Hospital	Beds	NPR
450002	THE HOSPITALS OF PROVIDENCE-MEMORIAL	410	$0M
450007	PETERSON REGIONAL MEDICAL CENTER	98	$0M
450010	UNITED REGIONAL HEALTH CARE SYSTEM	244	$0M
450011	ST. JOSEPH REGIONAL HEALTH CENTER	298	$0M
450015	DALLAS CO. HOSP. DIST.	786	$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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