ADVENTHEALTH WATERMAN — History
CCN 100057 | 3-year financial timeline | COVID resilience: 55/100
🛡️ Public data only — no PHI permitted on this instance.
$339M
Latest Revenue (FY2022)
+10.0%
Revenue CAGR (3yr)
-5.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $280M | $337M | $339M | +0.5% | +10.0% |
| Operating Expenses | $272M | $314M | $357M | +13.6% | +14.6% |
| Operating Margin | 2.8% | 6.7% | -5.4% | -180.2% | +0.0% |
| Net Income | $8M | $23M | $-18M | -180.7% | +0.0% |
| Licensed Beds | 268 | 268 | 288 | +7.5% | +3.7% |
| Total Patient Days | 58,659 | 67,436 | 69,039 | +2.4% | +8.5% |
| Medicare Day % | 38% | 34% | 34% | +1.0% | -5.3% |
| Medicaid Day % | 5% | 4% | 1% | -67.9% | -52.3% |
COVID Impact & Recovery
Resilience Score: 55/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +21.1% ($280M → $339M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+10.0%
This Hospital
+7.6%
State Avg
Latest Margin
-5.4%
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) | $368M | -9.5% |
| FY2024 (proj) | $398M | -13.6% |
| FY2025 (proj) | $427M | -17.8% |