ST. VINCENT MORRILTON — History
CCN 041324 | 3-year financial timeline | COVID resilience: 22/100
🛡️ Public data only — no PHI permitted on this instance.
$18M
Latest Revenue (FY2022)
-8.5%
Revenue CAGR (3yr)
-24.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $21M | $19M | $18M | -9.2% | -8.5% |
| Operating Expenses | $19M | $19M | $22M | +12.6% | +6.4% |
| Operating Margin | 7.9% | -0.5% | -24.6% | -5243.6% | +0.0% |
| Net Income | $2M | $-0M | $-4M | -4753.6% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 2,225 | 2,029 | 2,178 | +7.3% | -1.1% |
| Medicare Day % | 33% | 29% | 23% | -20.5% | -17.5% |
| Medicaid Day % | 9% | 42% | 39% | -7.0% | +113.7% |
COVID Impact & Recovery
Resilience Score: 22/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -16.3% ($21M → $18M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-8.5%
This Hospital
+7.6%
State Avg
Latest Margin
-24.6%
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) | $16M | -40.8% |
| FY2024 (proj) | $14M | -57.1% |
| FY2025 (proj) | $12M | -73.3% |