πŸ›‘οΈ Public data only β€” no PHI permitted on this instance.
SC
SeekingChartis
TX market | 9 hospitals | HHI: 2,778 (Concentrated)
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9
Hospitals in Market
862
Total Beds
$1.5B
Market Revenue
Concentrated
HHI: 2,778
None
Moat Rating (1/10)
#4
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 Share9.2%
Top 3 Concentration81.0%
Network Density1.04
Margin vs Market-13.7%
Bed Util vs Market-40.0%

What This Means

This hospital has a none moat β€” no moat β€” commoditized market position, pricing power limited. The TX market is highly concentrated β€” few dominant players, potential antitrust concerns (HHI: 2,778).

Implications: Operational improvements are the primary value driver β€” see the EBITDA bridge. Compare against peers via comparables or see the full TX market.

Top Competitors

HospitalBedsRevenueRev ShareBed Share
ROUND ROCK HOSPITAL165$681M44.9%19.1%
ROUND ROCK MEDICAL CENTER161$297M19.5%18.7%
ASCENSION SETON WILLIAMSON181$252M16.6%21.0%
BAYLOR SCOTT & WHITE PFLUGERVILLE25$43M2.9%2.9%
ENCOMPASS HEALTH REHABILITATION HOSP75$41M2.7%8.7%
ROCK SPRINGS72$25M1.6%8.3%
PAM REHAB HOSP OF ROUND ROCK40$22M1.5%4.6%
GEORGETOWN BEHAVIORAL HEALTH118$17M1.1%13.7%

Regional Payer Mix

■ Medicare 29%■ Medicaid 1%■ Commercial 70%
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