Market Analysis — SPEARE MEMORIAL HOSPITAL
NH market | 4 hospitals | HHI: 7,697 (Concentrated)
🛡️ Public data only — no PHI permitted on this instance.
← DashboardPRFProfileMEMIC MemoBRGBridgeCIComp IntelSCNScenariosAIMLDCFDCFLBOLBOFIN3-StmtMKTMarketDENDenialRETReturnsLVRLeversWFLWaterfallPLYPlaybookTRDTrendsPREDPredictedMEM2Memo
4
Hospitals in Market
531
Total Beds
$1.6B
Market Revenue
Concentrated
HHI: 7,697
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 Share4.4%
Top 3 Concentration97.8%
Network Density0.75
Margin vs Market+6.6%
Bed Util vs Market-11.5%
What This Means
This hospital has a none moat — no moat — commoditized market position, pricing power limited. The NH market is highly concentrated — few dominant players, potential antitrust concerns (HHI: 7,697).
Implications: Operational improvements are the primary value driver — see the EBITDA bridge. Compare against peers via comparables or see the full NH market.
Top Competitors
| Hospital | Beds | Revenue | Rev Share | Bed Share |
|---|---|---|---|---|
| MARY HITCHCOCK MEMORIAL HOSP | 456 | $1,426M | 87.4% | 85.9% |
| LITTLETON REGIONAL HEALTHCARE | 25 | $98M | 6.0% | 4.7% |
| COTTAGE HOSPITAL | 25 | $35M | 2.2% | 4.7% |
Regional Payer Mix
■ Medicare 39%■ Medicaid 1%■ Commercial 60%