NORTH COLORADO MEDICAL CENTER — History
CCN 060001 | 3-year financial timeline | COVID resilience: 32/100
🛡️ Public data only — no PHI permitted on this instance.
$322M
Latest Revenue (FY2022)
+0.2%
Revenue CAGR (3yr)
-13.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $321M | $331M | $322M | -2.8% | +0.2% |
| Operating Expenses | $332M | $368M | $364M | -1.2% | +4.7% |
| Operating Margin | -3.5% | -11.3% | -13.1% | -16.2% | +0.0% |
| Net Income | $-11M | $-37M | $-42M | -13.0% | +0.0% |
| Licensed Beds | 206 | 208 | 202 | -2.9% | -1.0% |
| Total Patient Days | 44,270 | 48,457 | 40,914 | -15.6% | -3.9% |
| Medicare Day % | 24% | 26% | 21% | -19.0% | -6.9% |
| Medicaid Day % | 35% | 36% | 38% | +5.7% | +3.2% |
COVID Impact & Recovery
Resilience Score: 32/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +0.3% ($321M → $322M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+0.2%
This Hospital
+7.6%
State Avg
Latest Margin
-13.1%
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) | $322M | -17.9% |
| FY2024 (proj) | $323M | -22.7% |
| FY2025 (proj) | $323M | -27.6% |