Market Analysis — FOREST HEALTH MEDICAL CENTER LLC
MI market | 5 hospitals | HHI: 8,959 (Concentrated)
🛡️ Public data only — no PHI permitted on this instance.
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5
Hospitals in Market
1,362
Total Beds
$4.9B
Market Revenue
Concentrated
HHI: 8,959
None
Moat Rating (2/10)
#3
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 Costslow
Market Share1.0%
Top 3 Concentration99.4%
Network Density0.37
Margin vs Market+12.5%
Bed Util vs Market-51.1%
What This Means
This hospital has a none moat — no moat — commoditized market position, pricing power limited. The MI market is highly concentrated — few dominant players, potential antitrust concerns (HHI: 8,959).
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 |
|---|---|---|---|---|
| UNIV OF MI HOSPITALS & HLTH CTRS | 951 | $4,617M | 94.6% | 69.8% |
| CHELSEA HOSPITAL | 79 | $188M | 3.9% | 5.8% |
| SSH - ANN ARBOR | 36 | $22M | 0.4% | 2.6% |
| CENTER FOR FORENSIC PHYCHIATRY | 272 | $8M | 0.2% | 20.0% |
Regional Payer Mix
■ Medicare 19%■ Medicaid 3%■ Commercial 78%