CIRCLES OF CARE INC. — History
CCN 104024 | 3-year financial timeline | COVID resilience: 38/100
🛡️ Public data only — no PHI permitted on this instance.
$26M
Latest Revenue (FY2022)
+3.8%
Revenue CAGR (3yr)
-85.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $24M | $24M | $26M | +8.9% | +3.8% |
| Operating Expenses | $40M | $43M | $49M | +13.6% | +10.1% |
| Operating Margin | -65.3% | -78.3% | -85.9% | -9.8% | +0.0% |
| Net Income | $-16M | $-19M | $-23M | -19.5% | +0.0% |
| Licensed Beds | 172 | 172 | 172 | +0.0% | +0.0% |
| Total Patient Days | 33,697 | 29,489 | 32,023 | +8.6% | -2.5% |
| Medicare Day % | 7% | 6% | 5% | -21.9% | -17.0% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 38/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +7.7% ($24M → $26M)
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
+3.8%
This Hospital
+7.6%
State Avg
Latest Margin
-85.9%
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) | $27M | -96.3% |
| FY2024 (proj) | $28M | -106.6% |
| FY2025 (proj) | $29M | -117.0% |