CRAIG HOSPITAL — History
CCN 062011 | 3-year financial timeline | COVID resilience: 63/100
🛡️ Public data only — no PHI permitted on this instance.
$128M
Latest Revenue (FY2022)
+8.9%
Revenue CAGR (3yr)
-9.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $108M | $121M | $128M | +5.7% | +8.9% |
| Operating Expenses | $119M | $130M | $140M | +7.5% | +8.6% |
| Operating Margin | -10.5% | -7.9% | -9.7% | -23.1% | +0.0% |
| Net Income | $-11M | $-10M | $-12M | -30.1% | +0.0% |
| Licensed Beds | 93 | 93 | 93 | +0.0% | +0.0% |
| Total Patient Days | 28,350 | 30,023 | 29,595 | -1.4% | +2.2% |
| Medicare Day % | 2% | 2% | 4% | +87.9% | +60.2% |
| Medicaid Day % | 11% | 11% | 7% | -31.1% | -17.7% |
COVID Impact & Recovery
Resilience Score: 63/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +18.7% ($108M → $128M)
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▼ Declining
vs State Average ()
Revenue Growth
+8.9%
This Hospital
+7.6%
State Avg
Latest Margin
-9.7%
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) | $138M | -9.3% |
| FY2024 (proj) | $148M | -8.9% |
| FY2025 (proj) | $158M | -8.5% |