PALM BEACH GARDENS — History
CCN 100176 | 3-year financial timeline | COVID resilience: 67/100
🛡️ Public data only — no PHI permitted on this instance.
$236M
Latest Revenue (FY2022)
+5.1%
Revenue CAGR (3yr)
12.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $213M | $235M | $236M | +0.1% | +5.1% |
| Operating Expenses | $201M | $222M | $206M | -7.0% | +1.4% |
| Operating Margin | 5.9% | 5.8% | 12.5% | +116.1% | +45.4% |
| Net Income | $13M | $14M | $29M | +116.2% | +52.9% |
| Licensed Beds | 199 | 199 | 199 | +0.0% | +0.0% |
| Total Patient Days | 46,436 | 50,833 | 49,326 | -3.0% | +3.1% |
| Medicare Day % | 42% | 37% | 37% | +1.8% | -5.9% |
| Medicaid Day % | 3% | 3% | 2% | -30.8% | -16.9% |
COVID Impact & Recovery
Resilience Score: 67/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +10.5% ($213M → $236M)
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
+5.1%
This Hospital
+7.6%
State Avg
Latest Margin
12.5%
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) | $247M | 15.8% |
| FY2024 (proj) | $258M | 19.1% |
| FY2025 (proj) | $269M | 22.3% |