PALM BAY HOSPITAL — History
CCN 100316 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$154M
Latest Revenue (FY2022)
+23.8%
Revenue CAGR (3yr)
9.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $100M | $128M | $154M | +19.7% | +23.8% |
| Operating Expenses | $110M | $119M | $139M | +16.9% | +12.2% |
| Operating Margin | -10.2% | 7.3% | 9.5% | +30.3% | +0.0% |
| Net Income | $-10M | $9M | $15M | +56.1% | +0.0% |
| Licensed Beds | 120 | 120 | 120 | +0.0% | +0.0% |
| Total Patient Days | 24,687 | 30,751 | 33,762 | +9.8% | +16.9% |
| Medicare Day % | 32% | 29% | 28% | -0.9% | -5.9% |
| Medicaid Day % | 4% | 4% | 2% | -52.8% | -29.9% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +53.2% ($100M → $154M)
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
+23.8%
This Hospital
+7.6%
State Avg
Latest Margin
9.5%
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) | $180M | 19.4% |
| FY2024 (proj) | $207M | 29.2% |
| FY2025 (proj) | $234M | 39.1% |