Market Analysis — BAPTIST HEALTH HARDIN
KY market | 3 hospitals | HHI: 8,180 (Concentrated)
🛡️ Public data only — no PHI permitted on this instance.
← DashboardPRFProfileMEMIC MemoBRGBridgeCIComp IntelSCNScenariosAIMLDCFDCFLBOLBOFIN3-StmtMKTMarketDENDenialRETReturnsLVRLeversWFLWaterfallPLYPlaybookTRDTrendsPREDPredictedMEM2Memo
3
Hospitals in Market
409
Total Beds
$0.5B
Market Revenue
Concentrated
HHI: 8,180
Narrow
Moat Rating (7/10)
#1
Market Share Rank
Competitive Moat (Mauboussin Framework)
Based on "Measuring the Moat" adapted for healthcare. Score 0-10: wide (8+), narrow (5-7), none (<5).
Scale Advantagestrong
Switching Costshigh
Market Share90.1%
Top 3 Concentration100.0%
Network Density0.73
Margin vs Market-5.8%
Bed Util vs Market-4.6%
What This Means
This hospital has a narrow moat — narrow moat — some competitive advantages, but vulnerable to new entrants. The KY market is highly concentrated — few dominant players, potential antitrust concerns (HHI: 8,180).
Implications: Operational improvements are the primary value driver — see the EBITDA bridge. Compare against peers via comparables or see the full KY market.
Top Competitors
| Hospital | Beds | Revenue | Rev Share | Bed Share |
|---|---|---|---|---|
| LINCOLN TRAIL BEHAVIORAL HEALTH | 110 | $36M | 7.1% | 26.9% |
| ENCOMPASS HEALTH REHABILITATION HOSP | 40 | $14M | 2.8% | 9.8% |
Regional Payer Mix
■ Medicare 32%■ Medicaid 1%■ Commercial 67%