NORTH OKALOOSA MEDICAL CENTER — History
CCN 100122 | 3-year financial timeline | COVID resilience: 69/100
🛡️ Public data only — no PHI permitted on this instance.
$120M
Latest Revenue (FY2022)
+11.8%
Revenue CAGR (3yr)
42.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $96M | $111M | $120M | +8.4% | +11.8% |
| Operating Expenses | $57M | $69M | $69M | +0.4% | +9.9% |
| Operating Margin | 40.3% | 37.7% | 42.3% | +12.3% | +2.4% |
| Net Income | $39M | $42M | $51M | +21.7% | +14.4% |
| Licensed Beds | 110 | 110 | 110 | +0.0% | +0.0% |
| Total Patient Days | 21,528 | 24,657 | 25,615 | +3.9% | +9.1% |
| Medicare Day % | 40% | 38% | 35% | -7.2% | -6.2% |
| Medicaid Day % | 4% | 3% | 5% | +73.7% | +10.2% |
COVID Impact & Recovery
Resilience Score: 69/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +24.9% ($96M → $120M)
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
+11.8%
This Hospital
+7.6%
State Avg
Latest Margin
42.3%
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) | $132M | 43.3% |
| FY2024 (proj) | $144M | 44.2% |
| FY2025 (proj) | $156M | 45.2% |