Market Analysis — ST. MARYS OF MICHIGAN
MI market | 4 hospitals | HHI: 5,332 (Concentrated)
🛡️ Public data only — no PHI permitted on this instance.
← DashboardPRFProfileMEMIC MemoBRGBridgeCIComp IntelSCNScenariosAIMLDCFDCFLBOLBOFIN3-StmtMKTMarketDENDenialRETReturnsLVRLeversWFLWaterfallPLYPlaybookTRDTrendsPREDPredictedMEM2Memo
4
Hospitals in Market
669
Total Beds
$1.0B
Market Revenue
Concentrated
HHI: 5,332
Narrow
Moat Rating (5/10)
#2
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 Advantageweak
Switching Costsmoderate
Market Share26.4%
Top 3 Concentration98.4%
Network Density0.60
Margin vs Market+14.7%
Bed Util vs Market+2.7%
What This Means
This hospital has a narrow moat — narrow moat — some competitive advantages, but vulnerable to new entrants. The MI market is highly concentrated — few dominant players, potential antitrust concerns (HHI: 5,332).
Implications: Operational improvements are the primary value driver — see the EBITDA bridge. Compare against peers via comparables or see the full MI market.
Top Competitors
| Hospital | Beds | Revenue | Rev Share | Bed Share |
|---|---|---|---|---|
| COVENANT MEDICAL CENTER | 464 | $681M | 68.0% | 69.4% |
| HEALTHSOURCE SAGINAW INC. | 7 | $41M | 4.1% | 1.1% |
| SSH -SAGINAW INC. | 32 | $16M | 1.6% | 4.8% |
Regional Payer Mix
■ Medicare 22%■ Medicaid 23%■ Commercial 55%