KINDRED HOSPITAL ONTARIO — History
CCN 052037 | 3-year financial timeline | COVID resilience: 29/100
🛡️ Public data only — no PHI permitted on this instance.
$57M
Latest Revenue (FY2022)
-3.1%
Revenue CAGR (3yr)
-9.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $60M | $52M | $57M | +9.1% | -3.1% |
| Operating Expenses | $59M | $57M | $62M | +8.9% | +2.6% |
| Operating Margin | 2.3% | -9.7% | -9.5% | +2.1% | +0.0% |
| Net Income | $1M | $-5M | $-5M | -6.8% | +0.0% |
| Licensed Beds | 91 | 91 | 91 | +0.0% | +0.0% |
| Total Patient Days | 26,613 | 24,367 | 24,522 | +0.6% | -4.0% |
| Medicare Day % | 17% | 15% | 9% | -36.6% | -26.2% |
| Medicaid Day % | 2% | 2% | 0% | -84.3% | -52.1% |
COVID Impact & Recovery
Resilience Score: 29/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -6.2% ($60M → $57M)
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
-3.1%
This Hospital
+7.6%
State Avg
Latest Margin
-9.5%
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) | $55M | -15.5% |
| FY2024 (proj) | $53M | -21.4% |
| FY2025 (proj) | $51M | -27.3% |