SPEC HOSPITAL WASHINGTON HADLEY — History
CCN 092003 | 3-year financial timeline | COVID resilience: 47/100
🛡️ Public data only — no PHI permitted on this instance.
$57M
Latest Revenue (FY2022)
+3.4%
Revenue CAGR (3yr)
10.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $53M | $58M | $57M | -1.6% | +3.4% |
| Operating Expenses | $45M | $48M | $51M | +4.4% | +5.9% |
| Operating Margin | 15.0% | 16.0% | 10.9% | -32.3% | -15.0% |
| Net Income | $8M | $9M | $6M | -33.4% | -12.1% |
| Licensed Beds | 82 | 82 | 82 | +0.0% | +0.0% |
| Total Patient Days | 15,202 | 14,311 | 14,077 | -1.6% | -3.8% |
| Medicare Day % | 58% | 53% | 44% | -17.4% | -13.3% |
| Medicaid Day % | 8% | 5% | 4% | -27.3% | -31.9% |
COVID Impact & Recovery
Resilience Score: 47/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +6.9% ($53M → $57M)
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
+3.4%
This Hospital
+7.6%
State Avg
Latest Margin
10.9%
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) | $59M | 8.8% |
| FY2024 (proj) | $60M | 6.7% |
| FY2025 (proj) | $62M | 4.6% |