KIT CARSON COUNTY MEMORIAL HOSPITAL — History
CCN 061313 | 3-year financial timeline | COVID resilience: 73/100
🛡️ Public data only — no PHI permitted on this instance.
$21M
Latest Revenue (FY2022)
+8.5%
Revenue CAGR (3yr)
-7.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $17M | $22M | $21M | -7.0% | +8.5% |
| Operating Expenses | $20M | $20M | $22M | +9.6% | +5.1% |
| Operating Margin | -14.8% | 8.4% | -7.9% | -194.4% | +0.0% |
| Net Income | $-3M | $2M | $-2M | -187.7% | +0.0% |
| Licensed Beds | 19 | 19 | 19 | +0.0% | +0.0% |
| Total Patient Days | 1,032 | 857 | 903 | +5.4% | -6.5% |
| Medicare Day % | 72% | 61% | 63% | +2.7% | -6.8% |
| Medicaid Day % | 9% | 15% | 1% | -91.1% | -62.0% |
COVID Impact & Recovery
Resilience Score: 73/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +17.6% ($17M → $21M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+8.5%
This Hospital
+7.6%
State Avg
Latest Margin
-7.9%
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) | $22M | -4.5% |
| FY2024 (proj) | $24M | -1.0% |
| FY2025 (proj) | $25M | 2.4% |