SMC MEDICAL CENTER — History
CCN 041316 | 3-year financial timeline | COVID resilience: 23/100
🛡️ Public data only — no PHI permitted on this instance.
$7M
Latest Revenue (FY2022)
-7.7%
Revenue CAGR (3yr)
-55.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $8M | $8M | $7M | -16.9% | -7.7% |
| Operating Expenses | $11M | $11M | $11M | +0.6% | +1.1% |
| Operating Margin | -29.3% | -28.3% | -55.3% | -95.5% | +0.0% |
| Net Income | $-2M | $-2M | $-4M | -62.4% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 1,814 | 2,488 | 1,104 | -55.6% | -22.0% |
| Medicare Day % | 42% | 42% | 46% | +10.6% | +4.7% |
| Medicaid Day % | 7% | 8% | 6% | -28.8% | -9.4% |
COVID Impact & Recovery
Resilience Score: 23/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -14.9% ($8M → $7M)
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
-7.7%
This Hospital
+7.6%
State Avg
Latest Margin
-55.3%
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) | $6M | -68.2% |
| FY2024 (proj) | $6M | -81.2% |
| FY2025 (proj) | $5M | -94.2% |