FAIRBANKS MEMORIAL — History
CCN 020012 | 3-year financial timeline | COVID resilience: 65/100
🛡️ Public data only — no PHI permitted on this instance.
$289M
Latest Revenue (FY2022)
+8.4%
Revenue CAGR (3yr)
-3.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $246M | $285M | $289M | +1.2% | +8.4% |
| Operating Expenses | $260M | $277M | $299M | +7.6% | +7.1% |
| Operating Margin | -6.0% | 2.7% | -3.4% | -226.0% | +0.0% |
| Net Income | $-15M | $8M | $-10M | -227.5% | +0.0% |
| Licensed Beds | 122 | 122 | 122 | +0.0% | +0.0% |
| Total Patient Days | 16,226 | 18,694 | 20,505 | +9.7% | +12.4% |
| Medicare Day % | 28% | 30% | 30% | -0.5% | +2.9% |
| Medicaid Day % | 37% | 30% | 31% | +5.6% | -7.4% |
COVID Impact & Recovery
Resilience Score: 65/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +17.5% ($246M → $289M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+8.4%
This Hospital
+7.6%
State Avg
Latest Margin
-3.4%
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) | $310M | -2.2% |
| FY2024 (proj) | $332M | -0.9% |
| FY2025 (proj) | $353M | 0.3% |