SHARON HOSPITAL — History
CCN 070004 | 3-year financial timeline | COVID resilience: 34/100
🛡️ Public data only — no PHI permitted on this instance.
$47M
Latest Revenue (FY2022)
+1.1%
Revenue CAGR (3yr)
-55.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $46M | $48M | $47M | -2.2% | +1.1% |
| Operating Expenses | $61M | $65M | $73M | +11.8% | +9.4% |
| Operating Margin | -32.3% | -35.5% | -55.0% | -54.8% | +0.0% |
| Net Income | $-15M | $-17M | $-26M | -51.3% | +0.0% |
| Licensed Beds | 66 | 66 | 66 | +0.0% | +0.0% |
| Total Patient Days | 5,806 | 5,603 | 4,204 | -25.0% | -14.9% |
| Medicare Day % | 50% | 48% | 49% | +2.7% | -0.7% |
| Medicaid Day % | 6% | 5% | 10% | +106.5% | +32.5% |
COVID Impact & Recovery
Resilience Score: 34/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +2.2% ($46M → $47M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+1.1%
This Hospital
+7.6%
State Avg
Latest Margin
-55.0%
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) | $47M | -66.3% |
| FY2024 (proj) | $48M | -77.7% |
| FY2025 (proj) | $48M | -89.0% |