HOWARD MEMORIAL HOSPITAL — History
CCN 041311 | 3-year financial timeline | COVID resilience: 56/100
🛡️ Public data only — no PHI permitted on this instance.
$27M
Latest Revenue (FY2022)
+11.0%
Revenue CAGR (3yr)
-15.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $22M | $26M | $27M | +2.2% | +11.0% |
| Operating Expenses | $26M | $28M | $31M | +8.4% | +9.7% |
| Operating Margin | -18.6% | -9.3% | -15.8% | -70.4% | +0.0% |
| Net Income | $-4M | $-2M | $-4M | -74.2% | +0.0% |
| Licensed Beds | 25 | 20 | 20 | +0.0% | -10.6% |
| Total Patient Days | 2,104 | 2,438 | 2,305 | -5.5% | +4.7% |
| Medicare Day % | 65% | 60% | 55% | -7.7% | -7.7% |
| Medicaid Day % | 6% | 7% | 7% | -0.7% | +2.9% |
COVID Impact & Recovery
Resilience Score: 56/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +23.2% ($22M → $27M)
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
+11.0%
This Hospital
+7.6%
State Avg
Latest Margin
-15.8%
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) | $29M | -14.4% |
| FY2024 (proj) | $31M | -13.0% |
| FY2025 (proj) | $34M | -11.6% |