WIREGRASS MEDICAL CENTER — History
CCN 010062 | 3-year financial timeline | COVID resilience: 29/100
🛡️ Public data only — no PHI permitted on this instance.
$21M
Latest Revenue (FY2022)
-3.0%
Revenue CAGR (3yr)
-14.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $22M | $23M | $21M | -8.6% | -3.0% |
| Operating Expenses | $23M | $24M | $24M | -1.6% | +2.6% |
| Operating Margin | -2.3% | -6.1% | -14.2% | -133.7% | +0.0% |
| Net Income | $-1M | $-1M | $-3M | -113.7% | +0.0% |
| Licensed Beds | 33 | 33 | 33 | +0.0% | +0.0% |
| Total Patient Days | 3,751 | 4,186 | 3,908 | -6.6% | +2.1% |
| Medicare Day % | 37% | 37% | 33% | -10.0% | -4.4% |
| Medicaid Day % | 16% | 17% | 21% | +25.6% | +13.2% |
COVID Impact & Recovery
Resilience Score: 29/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -5.8% ($22M → $21M)
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
-3.0%
This Hospital
+7.6%
State Avg
Latest Margin
-14.2%
This Hospital
-4.6%
State Avg
Projections (FY2023-2025)
Extrapolated from 3-year trend using linear projection. Does not account for regulatory or market changes.
| Year | Revenue (proj) | Margin (proj) |
|---|---|---|
| FY2023 (proj) | $20M | -20.2% |
| FY2024 (proj) | $20M | -26.2% |
| FY2025 (proj) | $19M | -32.1% |