Market Analysis — JULIAN F KEITH - ADATC
NC market | 3 hospitals | HHI: 9,298 (Concentrated)
🛡️ Public data only — no PHI permitted on this instance.
← DashboardPRFProfileMEMIC MemoBRGBridgeCIComp IntelSCNScenariosAIMLDCFDCFLBOLBOFIN3-StmtMKTMarketDENDenialRETReturnsLVRLeversWFLWaterfallPLYPlaybookTRDTrendsPREDPredictedMEM2Memo
3
Hospitals in Market
847
Total Beds
$1.3B
Market Revenue
Concentrated
HHI: 9,298
None
Moat Rating (2/10)
#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 Costslow
Market Share2.5%
Top 3 Concentration100.0%
Network Density0.35
Margin vs Market+3.6%
Bed Util vs Market-12.7%
What This Means
This hospital has a none moat — no moat — commoditized market position, pricing power limited. The NC market is highly concentrated — few dominant players, potential antitrust concerns (HHI: 9,298).
Implications: Operational improvements are the primary value driver — see the EBITDA bridge. Compare against peers via comparables or see the full NC market.
Top Competitors
| Hospital | Beds | Revenue | Rev Share | Bed Share |
|---|---|---|---|---|
| MISSION HOSPITAL INC | 733 | $1,300M | 96.4% | 86.5% |
| ASHEVILLE SPECIALTY HOSPITAL LLC | 34 | $14M | 1.1% | 4.0% |
Regional Payer Mix
■ Medicare 32%■ Medicaid 10%■ Commercial 58%