APPLING GENERAL HOSPITAL — History
CCN 110071 | 3-year financial timeline | COVID resilience: 63/100
🛡️ Public data only — no PHI permitted on this instance.
$27M
Latest Revenue (FY2022)
-2.5%
Revenue CAGR (3yr)
-23.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $29M | $28M | $27M | -2.0% | -2.5% |
| Operating Expenses | $39M | $35M | $34M | -1.7% | -6.4% |
| Operating Margin | -34.0% | -23.3% | -23.7% | -1.6% | +0.0% |
| Net Income | $-10M | $-7M | $-6M | +0.4% | +0.0% |
| Licensed Beds | 34 | 34 | 34 | +0.0% | +0.0% |
| Total Patient Days | 3,518 | 2,423 | 747 | -69.2% | -53.9% |
| Medicare Day % | 23% | 31% | 30% | -1.3% | +13.7% |
| Medicaid Day % | 4% | 4% | 14% | +233.9% | +90.0% |
COVID Impact & Recovery
Resilience Score: 63/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: -5.0% ($29M → $27M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-2.5%
This Hospital
+7.6%
State Avg
Latest Margin
-23.7%
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 | -18.5% |
| FY2024 (proj) | $26M | -13.3% |
| FY2025 (proj) | $25M | -8.1% |