LAKELAND REGIONAL MED CTR — History
CCN 100157 | 3-year financial timeline | COVID resilience: 62/100
🛡️ Public data only — no PHI permitted on this instance.
$928M
Latest Revenue (FY2022)
+10.1%
Revenue CAGR (3yr)
4.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $766M | $875M | $928M | +6.0% | +10.1% |
| Operating Expenses | $729M | $801M | $889M | +11.1% | +10.5% |
| Operating Margin | 4.8% | 8.5% | 4.2% | -51.1% | -7.1% |
| Net Income | $37M | $75M | $39M | -48.1% | +2.3% |
| Licensed Beds | 774 | 774 | 764 | -1.3% | -0.6% |
| Total Patient Days | 190,823 | 213,411 | 209,204 | -2.0% | +4.7% |
| Medicare Day % | 29% | 23% | 22% | -4.2% | -12.2% |
| Medicaid Day % | 13% | 15% | 12% | -16.0% | -2.5% |
COVID Impact & Recovery
Resilience Score: 62/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +21.2% ($766M → $928M)
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
+10.1%
This Hospital
+7.6%
State Avg
Latest Margin
4.2%
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) | $1.0B | 3.9% |
| FY2024 (proj) | $1.1B | 3.5% |
| FY2025 (proj) | $1.2B | 3.2% |