Gate 1 · EBITDA Margin Floor
margin TTM (decimal)
Fails if margin < floor AND margin is lower than prior-year YTD
Gate 2 · Non-Clin Comp % NPR Ceiling
NCC / NPR (decimal)
Fails if TTM non-clinical comp exceeds this share of NPR
Gate 3 · Capacity Utilization Floor
AP ÷ (FTE × 1,600)
Benchmark 1,600 active patients per FO FTE (Nathan)