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

HOSP

COVENANT HOSPITAL PLAINVIEW

CCN 450539|LOC PLAINVIEW, TX|BEDS 49|NPR $68.5M|MARGIN -17.4%

SeekingChartis Score

INVESTMENT THESIS

Selective: COVENANT HOSPITAL PLAINVIEW

/ 100 (C)

+$5.0M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$68.5M

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

47%

CATALYSTS

▲RCM uplift of $5.0M (+736bps)

RISKS

▼Elevated distress risk (53%)

▼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

$68.5M

Net Patient Revenue

-17.4%

Operating Margin

$-11.9M

Net Income

Licensed Beds

$1,397K

Revenue per Bed

$80.4M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 22%■ MEDICAID · 3%■ COMMERCIAL · 75%

Score Breakdown

SCComposite · 18/100

Component	Score	Max	%
Market Position	11	35	30%
Financial Health	3	25	13%
Operational Quality	0	20	0%
Competitive Moat	1	20	3%

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

MORE IN TXStart Diligence · creates a deal from HCRIS