SPRINGHILL MEMORIAL HOSPITAL — History
CCN 010144 | 3-year financial timeline | COVID resilience: 47/100
🛡️ Public data only — no PHI permitted on this instance.
$216M
Latest Revenue (FY2022)
+0.9%
Revenue CAGR (3yr)
-3.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $212M | $224M | $216M | -3.6% | +0.9% |
| Operating Expenses | $220M | $227M | $224M | -1.2% | +0.9% |
| Operating Margin | -3.8% | -1.3% | -3.8% | -199.2% | +0.0% |
| Net Income | $-8M | $-3M | $-8M | -188.3% | +0.0% |
| Licensed Beds | 189 | 189 | 179 | -5.3% | -2.7% |
| Total Patient Days | 55,499 | 56,458 | 50,857 | -9.9% | -4.3% |
| Medicare Day % | 22% | 20% | 21% | +2.6% | -3.2% |
| Medicaid Day % | 13% | 10% | 10% | -6.0% | -11.7% |
COVID Impact & Recovery
Resilience Score: 47/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +1.9% ($212M → $216M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+0.9%
This Hospital
+7.6%
State Avg
Latest Margin
-3.8%
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) | $218M | -3.8% |
| FY2024 (proj) | $220M | -3.8% |
| FY2025 (proj) | $222M | -3.8% |