ROCKFORD — History
CCN 084002 | 3-year financial timeline | COVID resilience: 32/100
🛡️ Public data only — no PHI permitted on this instance.
$32M
Latest Revenue (FY2022)
-4.7%
Revenue CAGR (3yr)
2.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $36M | $27M | $32M | +18.4% | -4.7% |
| Operating Expenses | $31M | $29M | $32M | +10.0% | +0.9% |
| Operating Margin | 12.7% | -5.2% | 2.3% | +144.1% | -57.6% |
| Net Income | $5M | $-1M | $1M | +152.2% | -59.6% |
| Licensed Beds | 137 | 148 | 148 | +0.0% | +3.9% |
| Total Patient Days | 41,240 | 31,946 | 37,097 | +16.1% | -5.2% |
| Medicare Day % | 10% | 7% | 7% | +8.1% | -16.9% |
| Medicaid Day % | nan% | 5% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 32/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -9.1% ($36M → $32M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-4.7%
This Hospital
+7.6%
State Avg
Latest Margin
2.3%
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) | $31M | -2.9% |
| FY2024 (proj) | $29M | -8.1% |
| FY2025 (proj) | $27M | -13.3% |