SHOALS HOSPITAL — History
CCN 010157 | 3-year financial timeline | COVID resilience: 21/100
🛡️ Public data only — no PHI permitted on this instance.
$31M
Latest Revenue (FY2022)
+3.8%
Revenue CAGR (3yr)
-14.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $29M | $30M | $31M | +4.1% | +3.8% |
| Operating Expenses | $30M | $34M | $36M | +5.0% | +9.1% |
| Operating Margin | -3.3% | -13.3% | -14.2% | -7.3% | +0.0% |
| Net Income | $-1M | $-4M | $-4M | -11.7% | +0.0% |
| Licensed Beds | 122 | 122 | 53 | -56.6% | -34.1% |
| Total Patient Days | 9,123 | 7,164 | 7,906 | +10.4% | -6.9% |
| Medicare Day % | 21% | 14% | 12% | -16.7% | -25.5% |
| Medicaid Day % | 24% | 27% | 25% | -9.2% | +0.8% |
COVID Impact & Recovery
Resilience Score: 21/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +7.7% ($29M → $31M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+3.8%
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) | $32M | -19.7% |
| FY2024 (proj) | $33M | -25.1% |
| FY2025 (proj) | $34M | -30.6% |