LARGO MEDICAL CENTER — History
CCN 100248 | 3-year financial timeline | COVID resilience: 62/100
🛡️ Public data only — no PHI permitted on this instance.
$386M
Latest Revenue (FY2022)
+8.9%
Revenue CAGR (3yr)
24.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $326M | $364M | $386M | +6.3% | +8.9% |
| Operating Expenses | $265M | $298M | $293M | -1.4% | +5.2% |
| Operating Margin | 18.6% | 18.2% | 24.1% | +32.6% | +13.9% |
| Net Income | $60M | $66M | $93M | +40.9% | +24.1% |
| Licensed Beds | 285 | 245 | 245 | +0.0% | -7.3% |
| Total Patient Days | 68,529 | 68,678 | 68,198 | -0.7% | -0.2% |
| Medicare Day % | 30% | 25% | 25% | -0.7% | -8.9% |
| Medicaid Day % | 11% | 10% | 9% | -13.0% | -9.9% |
COVID Impact & Recovery
Resilience Score: 62/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +18.6% ($326M → $386M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+8.9%
This Hospital
+7.6%
State Avg
Latest Margin
24.1%
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) | $417M | 26.9% |
| FY2024 (proj) | $447M | 29.6% |
| FY2025 (proj) | $477M | 32.4% |