BEVERLY HOSPITAL — History
CCN 050350 | 3-year financial timeline | COVID resilience: 18/100
🛡️ Public data only — no PHI permitted on this instance.
$130M
Latest Revenue (FY2022)
-11.6%
Revenue CAGR (3yr)
-49.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $166M | $146M | $130M | -10.8% | -11.6% |
| Operating Expenses | $183M | $179M | $194M | +8.3% | +2.8% |
| Operating Margin | -10.5% | -23.1% | -49.4% | -114.2% | +0.0% |
| Net Income | $-17M | $-34M | $-64M | -91.1% | +0.0% |
| Licensed Beds | 202 | 202 | 202 | +0.0% | +0.0% |
| Total Patient Days | 38,062 | 35,494 | 33,922 | -4.4% | -5.6% |
| Medicare Day % | 24% | 21% | 20% | -3.8% | -9.5% |
| Medicaid Day % | nan% | nan% | 7% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 18/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -21.8% ($166M → $130M)
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
-11.6%
This Hospital
+7.6%
State Avg
Latest Margin
-49.4%
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) | $112M | -68.9% |
| FY2024 (proj) | $94M | -88.3% |
| FY2025 (proj) | $76M | -107.8% |