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

HOSP

MULTICARE COVINGTON MEDICAL CENTER

CCN 500154|LOC COVINGTON, WA|BEDS 45|NPR $97.2M|MARGIN -2.2%

SeekingChartis Score

INVESTMENT THESIS

Selective: MULTICARE COVINGTON MEDICAL CENTER

/ 100 (C)

+$7.2M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$97.2M

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

60%

CATALYSTS

▲RCM uplift of $7.2M (+736bps)

RISKS

▼Elevated distress risk (40%)

▼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

$97.2M

Net Patient Revenue

-2.2%

Operating Margin

$-2.1M

Net Income

Licensed Beds

$2,160K

Revenue per Bed

$99.3M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 22%■ MEDICAID · 1%■ COMMERCIAL · 76%

Score Breakdown

SCComposite · 24/100

Component	Score	Max	%
Market Position	11	35	32%
Financial Health	7	25	30%
Operational Quality	0	20	0%
Competitive Moat	1	20	3%

Comparable Hospitals

CMP

CCN	Hospital	Beds	NPR
500002	PROV ST MARY MEDICAL CENTER	95	$0M
500003	PHD#1 DBA SKAGIT VALLEY HOSPITAL	137	$0M
500005	VIRGINIA MASON MEDICAL CENTER	222	$0M
500007	ISLAND HOSPITAL	43	$0M
500008	UNIVERSITY OF WASHINGTON MED CTR	592	$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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