WHITFIELD MEMORIAL HOSPITAL — History
CCN 010112 | 3-year financial timeline | COVID resilience: 70/100
🛡️ Public data only — no PHI permitted on this instance.
$39M
Latest Revenue (FY2022)
+15.7%
Revenue CAGR (3yr)
-21.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $29M | $36M | $39M | +7.1% | +15.7% |
| Operating Expenses | $34M | $42M | $47M | +12.0% | +17.4% |
| Operating Margin | -17.9% | -16.0% | -21.3% | -33.1% | +0.0% |
| Net Income | $-5M | $-6M | $-8M | -42.5% | +0.0% |
| Licensed Beds | 41 | 44 | 47 | +6.8% | +7.1% |
| Total Patient Days | 5,769 | 7,418 | 8,479 | +14.3% | +21.2% |
| Medicare Day % | 47% | 38% | 31% | -18.2% | -19.5% |
| Medicaid Day % | 11% | 13% | 14% | +13.4% | +11.5% |
COVID Impact & Recovery
Resilience Score: 70/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +34.0% ($29M → $39M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+15.7%
This Hospital
+7.6%
State Avg
Latest Margin
-21.3%
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) | $44M | -23.1% |
| FY2024 (proj) | $48M | -24.8% |
| FY2025 (proj) | $53M | -26.5% |