CITRUS MEMORIAL HOSPITAL — History
CCN 100023 | 3-year financial timeline | COVID resilience: 60/100
🛡️ Public data only — no PHI permitted on this instance.
$196M
Latest Revenue (FY2022)
+4.4%
Revenue CAGR (3yr)
1.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $180M | $206M | $196M | -4.8% | +4.4% |
| Operating Expenses | $181M | $187M | $193M | +3.1% | +3.1% |
| Operating Margin | -0.7% | 9.3% | 1.8% | -80.7% | +0.0% |
| Net Income | $-1M | $19M | $4M | -81.6% | +0.0% |
| Licensed Beds | 204 | 204 | 204 | +0.0% | +0.0% |
| Total Patient Days | 47,666 | 48,113 | 44,830 | -6.8% | -3.0% |
| Medicare Day % | 40% | 36% | 35% | -1.2% | -6.3% |
| Medicaid Day % | 4% | 3% | 3% | +14.3% | -4.6% |
COVID Impact & Recovery
Resilience Score: 60/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +9.0% ($180M → $196M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+4.4%
This Hospital
+7.6%
State Avg
Latest Margin
1.8%
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) | $204M | 3.0% |
| FY2024 (proj) | $212M | 4.3% |
| FY2025 (proj) | $221M | 5.5% |