SSH - PALM BEACH LLC — History
CCN 102023 | 3-year financial timeline | COVID resilience: 47/100
🛡️ Public data only — no PHI permitted on this instance.
$34M
Latest Revenue (FY2022)
+2.9%
Revenue CAGR (3yr)
-1.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $33M | $33M | $34M | +3.6% | +2.9% |
| Operating Expenses | $32M | $34M | $35M | +3.3% | +4.9% |
| Operating Margin | 2.0% | -2.1% | -1.8% | +11.6% | +0.0% |
| Net Income | $1M | $-1M | $-1M | +8.5% | +0.0% |
| Licensed Beds | 60 | 60 | 60 | +0.0% | +0.0% |
| Total Patient Days | 19,943 | 19,234 | 18,982 | -1.3% | -2.4% |
| Medicare Day % | 43% | 37% | 38% | +1.4% | -6.7% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 47/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +5.8% ($33M → $34M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+2.9%
This Hospital
+7.6%
State Avg
Latest Margin
-1.8%
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) | $35M | -3.8% |
| FY2024 (proj) | $36M | -5.7% |
| FY2025 (proj) | $37M | -7.6% |