GEROGE E. WEEMS MEMORIAL HOSPITAL — History
CCN 101305 | 3-year financial timeline | COVID resilience: 69/100
🛡️ Public data only — no PHI permitted on this instance.
$7M
Latest Revenue (FY2022)
+4.9%
Revenue CAGR (3yr)
-64.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $6M | $9M | $7M | -22.3% | +4.9% |
| Operating Expenses | $10M | $11M | $11M | +4.3% | +2.5% |
| Operating Margin | -72.5% | -22.6% | -64.6% | -185.7% | +0.0% |
| Net Income | $-4M | $-2M | $-4M | -121.9% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 608 | 554 | 305 | -44.9% | -29.2% |
| Medicare Day % | 30% | 34% | 51% | +47.4% | +29.9% |
| Medicaid Day % | 0% | 1% | 2% | +58.9% | +273.6% |
COVID Impact & Recovery
Resilience Score: 69/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +10.1% ($6M → $7M)
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▼ Declining
vs State Average ()
Revenue Growth
+4.9%
This Hospital
+7.6%
State Avg
Latest Margin
-64.6%
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) | $7M | -60.6% |
| FY2024 (proj) | $7M | -56.7% |
| FY2025 (proj) | $8M | -52.7% |