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

HOSP

SAN ANTONIO STATE HOSPITAL

CCN 454011|LOC SAN ANTONIO, TX|BEDS 268|NPR $57.7M|MARGIN -24.2%

SeekingChartis Score

INVESTMENT THESIS

Selective: SAN ANTONIO STATE HOSPITAL

/ 100 (C)

+$4.2M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$57.7M

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

50%

CATALYSTS

▲Platform-sized facility

RISKS

▼Elevated distress risk (50%)

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

Peer Analysis EBITDA Bridge Data Room IC Memo ML Detail

$57.7M

Net Patient Revenue

-24.2%

Operating Margin

$-14.0M

Net Income

268

Licensed Beds

$215K

Revenue per Bed

$71.7M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 1%■ MEDICAID · 0%■ COMMERCIAL · 99%

Score Breakdown

SCComposite · 27/100

Component	Score	Max	%
Market Position	17	35	48%
Financial Health	2	25	6%
Operational Quality	0	20	0%
Competitive Moat	4	20	18%

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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