THE CONNECTICUT HOSPICE INC. — History
CCN 070038 | 3-year financial timeline | COVID resilience: 94/100
🛡️ Public data only — no PHI permitted on this instance.
$18M
Latest Revenue (FY2022)
+8.2%
Revenue CAGR (3yr)
-5.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $16M | $15M | $18M | +22.6% | +8.2% |
| Operating Expenses | $19M | $19M | $19M | +4.1% | +0.5% |
| Operating Margin | -22.4% | -24.4% | -5.6% | +77.1% | +0.0% |
| Net Income | $-4M | $-4M | $-1M | +72.0% | +0.0% |
| Licensed Beds | 12 | 17 | 16 | -5.9% | +15.5% |
| Total Patient Days | 3,630 | 2,074 | 1,885 | -9.1% | -27.9% |
| Medicare Day % | 3% | 2% | 1% | -57.2% | -48.1% |
| Medicaid Day % | 1% | 2% | 5% | +141.5% | +105.6% |
COVID Impact & Recovery
Resilience Score: 94/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +17.1% ($16M → $18M)
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
+8.2%
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) | $20M | 2.8% |
| FY2024 (proj) | $21M | 11.3% |
| FY2025 (proj) | $22M | 19.7% |