NORTH STAR HOSPITAL T18 — History
CCN 024001 | 3-year financial timeline | COVID resilience: 29/100
🛡️ Public data only — no PHI permitted on this instance.
$27M
Latest Revenue (FY2022)
-2.9%
Revenue CAGR (3yr)
-5.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $29M | $31M | $27M | -12.0% | -2.9% |
| Operating Expenses | $26M | $28M | $29M | +5.0% | +5.7% |
| Operating Margin | 10.9% | 11.5% | -5.7% | -149.8% | +0.0% |
| Net Income | $3M | $4M | $-2M | -143.8% | +0.0% |
| Licensed Beds | 140 | 140 | 140 | +0.0% | +0.0% |
| Total Patient Days | 25,633 | 25,814 | 22,812 | -11.6% | -5.7% |
| Medicare Day % | 0% | 1% | 1% | +19.5% | +39.2% |
| Medicaid Day % | 68% | 65% | 72% | +10.5% | +2.6% |
COVID Impact & Recovery
Resilience Score: 29/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -5.8% ($29M → $27M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-2.9%
This Hospital
+7.6%
State Avg
Latest Margin
-5.7%
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) | $27M | -14.0% |
| FY2024 (proj) | $26M | -22.3% |
| FY2025 (proj) | $25M | -30.6% |