SPALDING REGIONAL HOSPITAL — History
CCN 110031 | 3-year financial timeline | COVID resilience: 45/100
🛡️ Public data only — no PHI permitted on this instance.
$162M
Latest Revenue (FY2022)
+3.7%
Revenue CAGR (3yr)
-9.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $151M | $150M | $162M | +8.3% | +3.7% |
| Operating Expenses | $152M | $166M | $177M | +6.7% | +7.9% |
| Operating Margin | -0.9% | -10.7% | -9.0% | +15.3% | +0.0% |
| Net Income | $-1M | $-16M | $-15M | +8.3% | +0.0% |
| Licensed Beds | 160 | 160 | 170 | +6.2% | +3.1% |
| Total Patient Days | 35,071 | 35,350 | 36,850 | +4.2% | +2.5% |
| Medicare Day % | 26% | 23% | 21% | -10.6% | -10.2% |
| Medicaid Day % | 9% | 10% | 9% | -10.4% | -3.8% |
COVID Impact & Recovery
Resilience Score: 45/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +7.6% ($151M → $162M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+3.7%
This Hospital
+7.6%
State Avg
Latest Margin
-9.0%
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) | $168M | -13.1% |
| FY2024 (proj) | $174M | -17.2% |
| FY2025 (proj) | $180M | -21.3% |