PALMS WEST HOSPITAL — History
CCN 100269 | 3-year financial timeline | COVID resilience: 64/100
🛡️ Public data only — no PHI permitted on this instance.
$233M
Latest Revenue (FY2022)
+6.8%
Revenue CAGR (3yr)
33.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $204M | $221M | $233M | +5.3% | +6.8% |
| Operating Expenses | $142M | $168M | $155M | -7.6% | +4.8% |
| Operating Margin | 30.7% | 24.0% | 33.3% | +39.1% | +4.2% |
| Net Income | $63M | $53M | $78M | +46.5% | +11.3% |
| Licensed Beds | 204 | 204 | 206 | +1.0% | +0.5% |
| Total Patient Days | 55,380 | 57,825 | 56,303 | -2.6% | +0.8% |
| Medicare Day % | 16% | 15% | 13% | -11.7% | -8.4% |
| Medicaid Day % | 8% | 6% | 5% | -20.5% | -20.7% |
COVID Impact & Recovery
Resilience Score: 64/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +14.1% ($204M → $233M)
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
+6.8%
This Hospital
+7.6%
State Avg
Latest Margin
33.3%
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) | $248M | 34.6% |
| FY2024 (proj) | $262M | 36.0% |
| FY2025 (proj) | $276M | 37.3% |