OLYMPIA MEDICAL CENTER — History
CCN 050742 | 2-year financial timeline | COVID resilience: 16/100
🛡️ Public data only — no PHI permitted on this instance.
$15M
Latest Revenue (FY2021)
-77.3%
Revenue CAGR (2yr)
-29.4%
Financial Timeline
| Metric | FY2020 | FY2021 | YoY (Latest) | CAGR |
|---|---|---|---|---|
| Net Patient Revenue | $67M | $15M | -77.3% | -77.3% |
| Operating Expenses | $75M | $20M | -74.0% | -74.0% |
| Operating Margin | -12.9% | -29.4% | -127.0% | +0.0% |
| Net Income | $-9M | $-4M | +48.5% | +0.0% |
| Licensed Beds | 204 | 204 | +0.0% | +0.0% |
| Total Patient Days | 23,959 | 3,795 | -84.2% | -84.2% |
| Medicare Day % | 45% | 28% | -38.9% | -38.9% |
| Medicaid Day % | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 16/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2021: -77.3% ($67M → $15M)
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
-77.3%
This Hospital
+13.0%
State Avg
Latest Margin
-29.4%
This Hospital
-2.3%
State Avg
Projections (FY2022-2024)
Extrapolated from 2-year trend using linear projection. Does not account for regulatory or market changes.
| Year | Revenue (proj) | Margin (proj) |
|---|---|---|
| FY2022 (proj) | $-36M | -45.8% |
| FY2023 (proj) | $-88M | -62.2% |
| FY2024 (proj) | $-140M | -78.6% |