Diligence Sheet
Healthcare due diligence.
Primary-source. Structured.
Per-entity diligence packages built from Medicare cost reports, 340B program data, utilization data, CMS quality metrics, and payer policy exposure. For healthcare PE, investment banking, M&A advisory, and healthcare law firms.
Per-sheet pricing. No subscription required.
What a Diligence Sheet contains
One structured package per target entity. Every data point linked to its primary source. Delivered as a PDF + structured JSON export.
Financial performance
- Operating margin (3-year trend, vs. peer cohort)
- Days cash on hand
- Total revenue and payer mix breakdown
- Cost per discharge by service line
Source: Medicare Hospital Cost Reports (CMS)
340B program status
- 340B covered entity status and HRSA registration
- Contract pharmacy network
- HRSA audit history and findings
Source: HRSA 340B database, HRSA audit reports
Utilization and quality
- Inpatient and outpatient volume by service line
- CMS Care Compare quality ratings
- Readmission rates vs. national benchmark
Source: CMS utilization files, Care Compare
Payer policy exposure
- Revenue cycle risk from recent payer policy changes
- PA burden index for top 10 service lines
- Commercial rate spread vs. Medicare benchmark
Source: PayerPolicy Watch pipeline, ClearRate MRF data
Who uses Diligence Sheet
Healthcare PE & Growth Equity
Evaluate targets before LOI. Identify operational risk from payer policy exposure and 340B program status. Comparable to a 2-week analyst workstream in hours.
Healthcare Investment Banking
Revenue quality and payer mix analysis for deal preparation. Primary-source data with methodology — defensible in the data room.
Healthcare M&A Advisory & Law
Client deliverable for healthcare transaction diligence. Structured data export feeds your models. Primary-source documentation reduces diligence risk.
Sample Diligence Sheet
The sample below uses publicly available CMS cost report data for a composite entity. Actual sheets are generated for specific named targets from live pipeline data.
Sample sheet preview — coming at product launch.
Pricing
Per Sheet
$500/entity
One structured diligence package for one named entity. PDF + JSON export. Delivered within 24 hours of order.
Order a sheetEnterprise
$60K–$120K ACV
Unlimited sheets. API access. Portfolio monitoring. Dedicated analyst support. Typical anchor: $90K ACV.
Contact salesEnterprise ACV anchored at $90K for a named license covering one firm. Pricing holds — the first deal sets the floor.
Primary sources
| Source | What it provides | Update cadence |
|---|---|---|
| CMS Hospital Cost Reports | Operating margin, payer mix, cost structure, bed count | Annual (12–18 month lag) |
| HRSA 340B Database | Covered entity status, contract pharmacy network, audits | Monthly |
| CMS Care Compare | Quality ratings, readmission rates, utilization | Quarterly |
| CMS Price Transparency MRFs | Contracted commercial rates vs. Medicare benchmark | Annual (hospital-reported) |
| PayerPolicy Watch pipeline | PA burden, formulary exposure, recent payer policy changes | Weekly |