INDIAN RIVER MEMORIAL HOSPITA.L — History
CCN 100105 | 3-year financial timeline | COVID resilience: 50/100
🛡️ Public data only — no PHI permitted on this instance.
$379M
Latest Revenue (FY2022)
+13.9%
Revenue CAGR (3yr)
-23.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $293M | $332M | $379M | +14.1% | +13.9% |
| Operating Expenses | $324M | $388M | $467M | +20.3% | +20.1% |
| Operating Margin | -10.6% | -16.8% | -23.1% | -37.3% | +0.0% |
| Net Income | $-31M | $-56M | $-88M | -56.7% | +0.0% |
| Licensed Beds | 310 | 310 | 310 | +0.0% | +0.0% |
| Total Patient Days | 53,956 | 66,965 | 69,646 | +4.0% | +13.6% |
| Medicare Day % | 41% | 38% | 37% | -2.6% | -5.9% |
| Medicaid Day % | 3% | 2% | 2% | +3.9% | -7.7% |
COVID Impact & Recovery
Resilience Score: 50/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +29.6% ($293M → $379M)
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
+13.9%
This Hospital
+7.6%
State Avg
Latest Margin
-23.1%
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) | $423M | -29.3% |
| FY2024 (proj) | $466M | -35.6% |
| FY2025 (proj) | $509M | -41.8% |