THE GRIFFIN HOSPITAL — History
CCN 070031 | 3-year financial timeline | COVID resilience: 65/100
🛡️ Public data only — no PHI permitted on this instance.
$217M
Latest Revenue (FY2022)
+13.4%
Revenue CAGR (3yr)
-13.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $169M | $203M | $217M | +6.9% | +13.4% |
| Operating Expenses | $191M | $239M | $247M | +3.5% | +13.8% |
| Operating Margin | -13.0% | -17.5% | -13.8% | +21.3% | +0.0% |
| Net Income | $-22M | $-36M | $-30M | +15.9% | +0.0% |
| Licensed Beds | 101 | 101 | 101 | +0.0% | +0.0% |
| Total Patient Days | 24,446 | 29,400 | 30,390 | +3.4% | +11.5% |
| Medicare Day % | 30% | 27% | 25% | -6.0% | -8.4% |
| Medicaid Day % | 20% | 19% | 18% | -4.2% | -6.4% |
COVID Impact & Recovery
Resilience Score: 65/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +28.5% ($169M → $217M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+13.4%
This Hospital
+7.6%
State Avg
Latest Margin
-13.8%
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) | $241M | -14.2% |
| FY2024 (proj) | $265M | -14.6% |
| FY2025 (proj) | $289M | -15.0% |