ML Analysis — PARKSIDE HOSPITAL INC.
CCN 374021 | Clustering + Distress + RCM Opportunity
🛡️ Public data only — no PHI permitted on this instance.
Investability Score
Speculative — only pursue if turnaround thesis is strong and entry multiple reflects risk.
39
/ 100 (D)
Financial Health3/25
RCM Upside19/25
Market Position6/20
Demand Defensibility7/15
Operational Efficiency4/15
Entry Multiple: 6.0x – 8.5x
Est. MOIC: 1.5x
Risk Factors:
- Negative operating margin
- Expenses exceed revenue
Catalysts:
- RCM optimization could add 3-5pp margin
- Volume growth opportunity from low occupancy
Margin Prediction (Trained Ridge Model)
-19.2%
R²=0.34 | n=4,907 | Grade B | Actual: -50.0%
Ridge regression trained on 4,907 HCRIS hospitals. 90% CI: [-47.5%, 9.1%]. P22 nationally.
| Driver | Value | Effect | Explanation | |
|---|---|---|---|---|
| Revenue/Bed | 98684.308 | -0.2067 | Lower Revenue/Bed decreases predicted margin | |
| Expense/Bed | 171535.808 | +0.1830 | Higher Expense/Bed increases predicted margin | |
| Medicaid % | 0.705 | -0.0746 | Higher Medicaid % decreases predicted margin | |
| State Peer Margin | -0.088 | -0.0313 | Lower State Peer Margin decreases predicted margin | |
| Bed Utilization Value | 44099.269 | -0.0275 | Lower Bed Utilization Value decreases predicted ma |
Turnaround: 20%Low turnaround probability (20%). Structural disadvantages in Revenue/Bed and Expense/Bed.
Safety-Net/Medicaid Heavy
Archetype
67.3%
Distress Risk
$4.6M
RCM Opportunity
A
Opportunity Grade
-10.9%
Projected Margin
Cluster: Safety-Net/Medicaid Heavy
Percentile within cluster: P92. High Medicaid dependence creates reimbursement risk. Assess DSH payments and state expansion status.
Nearest Peers
| Hospital | State | Beds |
|---|---|---|
| WESTERN PEAKS SPECIALTY HOSPITAL | UT | 59 |
| HOSPITAL MENONITA AIBONITO | PR | 129 |
| TOPPENISH COMMUNITY HOSPITAL | WA | 47 |
| MINERAL COMMUNITY HOSPITAL | MT | 25 |
| BANNER UNIVERSITY MED CENTER SOUTH | AZ | 132 |
| NORTH COLORADO MEDICAL CENTER | CO | 202 |
Distress Analysis
Risk: High
National distress rate: 49.3%
OK distress rate: 58.1%
Model AUC: 0.629
| Factor | Value | Contribution | Direction |
|---|---|---|---|
| Medicaid Day Pct | 0.705 | +0.616 | ▲ risk |
| Revenue Per Bed | 98684.308 | +0.087 | ▲ risk |
| Occupancy Rate | 0.447 | +0.073 | ▲ risk |
| Medicare Day Pct | 0.017 | -0.053 | ▼ risk |
| Net To Gross Ratio | 0.438 | +0.031 | ▲ risk |
| Beds | 120.000 | -0.004 | ▼ risk |
RCM Improvement Opportunity
Total (risk-adjusted): $4.6M
Current margin: -50.0%
Projected margin: -10.9%
Grade: A
Comps: 36
Gap analysis vs P75 peers with 60% closure assumption. Confidence-weighted by lever implementation difficulty.
| Lever | Current | Benchmark | Gap | Impact | Confidence | Timeline |
|---|---|---|---|---|---|---|
| Payer Mix Optimization | 0.277 | 0.461 | 18.3% | $2.7M | 50% | 24mo |
| Occupancy Improvement | 0.447 | 0.732 | 28.6% | $1.9M | 55% | 24mo |
Predicted RCM Performance (Public Data Only)
A
RCM Grade
Strong RCM profile — likely low-risk from an operations perspective. Focus diligence on growth thesis.
| Metric | Predicted | 90% CI | Percentile | Assessment |
|---|---|---|---|---|
| Denial Rate | 2.0% | [2.0%, 25.0%] | P0 | Strong — predicted denial rate is in the top third nationall |
| Days in AR | 34.3 | [25.0, 75.0] | P78 | Average — predicted days in ar is near the median. |
| Clean Claim Rate | 98.0% | [80.0%, 98.0%] | P0 | Strong — predicted clean claim rate is in the top third. |
| Net Collection Rate | 99.2% | [90.0%, 99.5%] | P5 | Strong — predicted net collection rate is in the top third. |