THE HOSPITAL OF CENTRAL CONNECTICUT — History
CCN 070035 | 3-year financial timeline | COVID resilience: 76/100
🛡️ Public data only — no PHI permitted on this instance.
$542M
Latest Revenue (FY2022)
+15.7%
Revenue CAGR (3yr)
-5.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $405M | $495M | $542M | +9.5% | +15.7% |
| Operating Expenses | $442M | $502M | $572M | +13.9% | +13.8% |
| Operating Margin | -9.1% | -1.6% | -5.6% | -260.3% | +0.0% |
| Net Income | $-37M | $-8M | $-30M | -294.7% | +0.0% |
| Licensed Beds | 230 | 230 | 244 | +6.1% | +3.0% |
| Total Patient Days | 58,123 | 65,644 | 70,333 | +7.1% | +10.0% |
| Medicare Day % | 25% | 24% | 23% | -4.4% | -3.9% |
| Medicaid Day % | 27% | 25% | 21% | -13.8% | -10.8% |
COVID Impact & Recovery
Resilience Score: 76/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +33.8% ($405M → $542M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+15.7%
This Hospital
+7.6%
State Avg
Latest Margin
-5.6%
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) | $610M | -3.9% |
| FY2024 (proj) | $679M | -2.2% |
| FY2025 (proj) | $747M | -0.5% |