LITTLE RIVER MEMORIAL — History
CCN 041320 | 3-year financial timeline | COVID resilience: 27/100
🛡️ Public data only — no PHI permitted on this instance.
$10M
Latest Revenue (FY2022)
-4.2%
Revenue CAGR (3yr)
-25.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $11M | $10M | $10M | -2.1% | -4.2% |
| Operating Expenses | $12M | $12M | $13M | +6.5% | +3.6% |
| Operating Margin | -7.6% | -15.7% | -25.8% | -64.7% | +0.0% |
| Net Income | $-1M | $-2M | $-3M | -61.3% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 1,577 | 999 | 682 | -31.7% | -34.2% |
| Medicare Day % | 64% | 70% | 67% | -4.5% | +2.5% |
| Medicaid Day % | 2% | 3% | 2% | -9.9% | +4.3% |
COVID Impact & Recovery
Resilience Score: 27/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -8.3% ($11M → $10M)
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
-4.2%
This Hospital
+7.6%
State Avg
Latest Margin
-25.8%
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) | $10M | -34.9% |
| FY2024 (proj) | $9M | -44.0% |
| FY2025 (proj) | $9M | -53.1% |