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

HOSP

MERITER HOSPITAL INC.

CCN 520089|LOC MADISON, WI|BEDS 332|NPR $513.9M|MARGIN -9.8%

SeekingChartis Score

INVESTMENT THESIS

Selective: MERITER HOSPITAL INC.

/ 100 (C)

+$37.8M

EBITDA Uplift

+736bps

Margin Δ

0.0%

Op Margin

$513.9M

Revenue

—

Realization

—

Peer Rank

SIGNAL STRENGTH

Margin

0.0%

Safety

49%

CATALYSTS

▲RCM uplift of $37.8M (+736bps)

▲Platform-sized facility

RISKS

▼Elevated distress risk (51%)

▼High Medicaid exposure (29%)

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

Peer Analysis EBITDA Bridge Data Room IC Memo ML Detail

$513.9M

Net Patient Revenue

-9.8%

Operating Margin

$-50.4M

Net Income

332

Licensed Beds

$1,548K

Revenue per Bed

$564.3M

Operating Expenses

Payer Mix

PYR

■ MEDICARE · 22%■ MEDICAID · 29%■ COMMERCIAL · 49%

Score Breakdown

SCComposite · 42/100

Component	Score	Max	%
Market Position	24	35	67%
Financial Health	5	25	22%
Operational Quality	0	20	0%
Competitive Moat	4	20	22%

Comparable Hospitals

CMP

CCN	Hospital	Beds	NPR
520002	ASPIRUS STEVENS POINT HOSPITAL	82	$0M
520004	MCHS FRANCISCAN HEALTHCARE INC	103	$0M
520008	WAUKESHA MEMORIAL HOSPITAL	270	$0M
520009	ASCENSION NE WISCONSIN-ST. ELIZABETH	287	$0M
520011	LAKEVIEW MEDICAL CENTER OF RICE LAKE	40	$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 WIStart Diligence · creates a deal from HCRIS