STRINGFELLOW MEMORIAL HOSPITAL — History
CCN 010038 | 2-year financial timeline | COVID resilience: 22/100
🛡️ Public data only — no PHI permitted on this instance.
$31M
Latest Revenue (FY2021)
-33.4%
Revenue CAGR (2yr)
-26.5%
Financial Timeline
| Metric | FY2020 | FY2021 | YoY (Latest) | CAGR |
|---|---|---|---|---|
| Net Patient Revenue | $46M | $31M | -33.4% | -33.4% |
| Operating Expenses | $56M | $39M | -29.9% | -29.9% |
| Operating Margin | -20.1% | -26.5% | -31.7% | +0.0% |
| Net Income | $-9M | $-8M | +12.3% | +0.0% |
| Licensed Beds | 125 | 125 | +0.0% | +0.0% |
| Total Patient Days | 10,930 | 11,244 | +2.9% | +2.9% |
| Medicare Day % | 33% | 31% | -5.0% | -5.0% |
| Medicaid Day % | 18% | 20% | +8.4% | +8.4% |
COVID Impact & Recovery
Resilience Score: 22/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2021: -33.4% ($46M → $31M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-33.4%
This Hospital
+13.0%
State Avg
Latest Margin
-26.5%
This Hospital
-2.3%
State Avg
Projections (FY2022-2024)
Extrapolated from 2-year trend using linear projection. Does not account for regulatory or market changes.
| Year | Revenue (proj) | Margin (proj) |
|---|---|---|
| FY2022 (proj) | $15M | -32.8% |
| FY2023 (proj) | $-0M | -39.2% |
| FY2024 (proj) | $-16M | -45.6% |