FORT WALTON BEACH MEDICAL CTR — History
CCN 100223 | 3-year financial timeline | COVID resilience: 73/100
🛡️ Public data only — no PHI permitted on this instance.
$361M
Latest Revenue (FY2022)
+5.1%
Revenue CAGR (3yr)
38.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $327M | $344M | $361M | +5.1% | +5.1% |
| Operating Expenses | $205M | $238M | $223M | -6.3% | +4.3% |
| Operating Margin | 37.2% | 30.6% | 38.1% | +24.6% | +1.3% |
| Net Income | $122M | $105M | $138M | +31.0% | +6.5% |
| Licensed Beds | 189 | 189 | 231 | +22.2% | +10.6% |
| Total Patient Days | 57,928 | 58,434 | 60,293 | +3.2% | +2.0% |
| Medicare Day % | 38% | 34% | 35% | +2.2% | -3.3% |
| Medicaid Day % | 6% | 5% | 4% | -20.2% | -17.1% |
COVID Impact & Recovery
Resilience Score: 73/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +10.5% ($327M → $361M)
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
+5.1%
This Hospital
+7.6%
State Avg
Latest Margin
38.1%
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) | $378M | 38.6% |
| FY2024 (proj) | $396M | 39.1% |
| FY2025 (proj) | $413M | 39.6% |