LAKESIDE MEDICAL CENTER — History
CCN 100130 | 3-year financial timeline | COVID resilience: 50/100
🛡️ Public data only — no PHI permitted on this instance.
$26M
Latest Revenue (FY2022)
+0.6%
Revenue CAGR (3yr)
-100.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $26M | $33M | $26M | -21.1% | +0.6% |
| Operating Expenses | $54M | $58M | $62M | +6.9% | +6.7% |
| Operating Margin | -100.0% | -73.6% | -100.0% | -35.8% | +0.0% |
| Net Income | $-28M | $-25M | $-36M | -45.0% | +0.0% |
| Licensed Beds | 54 | 54 | 54 | +0.0% | +0.0% |
| Total Patient Days | 7,079 | 7,374 | 4,194 | -43.1% | -23.0% |
| Medicare Day % | 20% | 14% | 11% | -16.5% | -25.1% |
| Medicaid Day % | 2% | 4% | 7% | +48.7% | +72.4% |
COVID Impact & Recovery
Resilience Score: 50/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +1.2% ($26M → $26M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+0.6%
This Hospital
+7.6%
State Avg
Latest Margin
-100.0%
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) | $26M | -100.0% |
| FY2024 (proj) | $27M | -100.0% |
| FY2025 (proj) | $27M | -100.0% |