LAKE CITY MEDICAL CENTER — History
CCN 100156 | 3-year financial timeline | COVID resilience: 87/100
🛡️ Public data only — no PHI permitted on this instance.
$169M
Latest Revenue (FY2022)
+17.5%
Revenue CAGR (3yr)
34.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $122M | $166M | $169M | +1.4% | +17.5% |
| Operating Expenses | $83M | $110M | $111M | +1.0% | +15.2% |
| Operating Margin | 31.8% | 34.1% | 34.4% | +0.9% | +4.1% |
| Net Income | $39M | $57M | $58M | +2.3% | +22.4% |
| Licensed Beds | 91 | 91 | 113 | +24.2% | +11.4% |
| Total Patient Days | 25,705 | 32,721 | 33,289 | +1.7% | +13.8% |
| Medicare Day % | 47% | 39% | 37% | -3.4% | -11.2% |
| Medicaid Day % | 2% | 2% | 2% | -27.1% | +7.9% |
COVID Impact & Recovery
Resilience Score: 87/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +38.2% ($122M → $169M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+17.5%
This Hospital
+7.6%
State Avg
Latest Margin
34.4%
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) | $192M | 35.8% |
| FY2024 (proj) | $215M | 37.1% |
| FY2025 (proj) | $239M | 38.4% |