SAMUEL SIMMONDS MEMORIAL HOSPITAL — History
CCN 021312 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$58M
Latest Revenue (FY2022)
+15.8%
Revenue CAGR (3yr)
-81.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $43M | $43M | $58M | +35.8% | +15.8% |
| Operating Expenses | $86M | $97M | $105M | +8.7% | +10.8% |
| Operating Margin | -98.3% | -100.0% | -81.7% | +18.3% | +0.0% |
| Net Income | $-42M | $-54M | $-47M | +12.6% | +0.0% |
| Licensed Beds | 14 | 10 | 10 | +0.0% | -15.5% |
| Total Patient Days | 824 | 1,027 | 1,181 | +15.0% | +19.7% |
| Medicare Day % | 60% | 48% | 40% | -17.1% | -18.2% |
| Medicaid Day % | 15% | 20% | 31% | +51.5% | +44.3% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +34.1% ($43M → $58M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+15.8%
This Hospital
+7.6%
State Avg
Latest Margin
-81.7%
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) | $65M | -73.3% |
| FY2024 (proj) | $73M | -65.0% |
| FY2025 (proj) | $80M | -56.7% |