HOMESTEAD HOSPITAL — History
CCN 100125 | 3-year financial timeline | COVID resilience: 50/100
🛡️ Public data only — no PHI permitted on this instance.
$270M
Latest Revenue (FY2022)
+9.9%
Revenue CAGR (3yr)
-11.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $224M | $260M | $270M | +4.1% | +9.9% |
| Operating Expenses | $248M | $268M | $300M | +12.2% | +10.1% |
| Operating Margin | -10.6% | -3.1% | -11.1% | -262.4% | +0.0% |
| Net Income | $-24M | $-8M | $-30M | -277.1% | +0.0% |
| Licensed Beds | 197 | 159 | 159 | +0.0% | -10.2% |
| Total Patient Days | 32,127 | 34,781 | 30,263 | -13.0% | -2.9% |
| Medicare Day % | 18% | 13% | 15% | +16.4% | -6.6% |
| Medicaid Day % | 11% | 9% | 10% | +5.7% | -3.9% |
COVID Impact & Recovery
Resilience Score: 50/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +20.8% ($224M → $270M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+9.9%
This Hospital
+7.6%
State Avg
Latest Margin
-11.1%
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) | $294M | -11.3% |
| FY2024 (proj) | $317M | -11.6% |
| FY2025 (proj) | $340M | -11.8% |