PIEDMONT ATHENS REGIONAL MEDICAL CE — History
CCN 110074 | 3-year financial timeline | COVID resilience: 54/100
🛡️ Public data only — no PHI permitted on this instance.
$630M
Latest Revenue (FY2022)
+7.3%
Revenue CAGR (3yr)
-2.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $547M | $616M | $630M | +2.3% | +7.3% |
| Operating Expenses | $523M | $594M | $645M | +8.7% | +11.1% |
| Operating Margin | 4.3% | 3.6% | -2.5% | -169.1% | +0.0% |
| Net Income | $24M | $22M | $-16M | -170.6% | +0.0% |
| Licensed Beds | 359 | 375 | 391 | +4.3% | +4.4% |
| Total Patient Days | 101,620 | 103,274 | 108,838 | +5.4% | +3.5% |
| Medicare Day % | 27% | 24% | 23% | -4.4% | -7.0% |
| Medicaid Day % | 8% | 8% | 7% | -10.0% | -5.0% |
COVID Impact & Recovery
Resilience Score: 54/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +15.2% ($547M → $630M)
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
+7.3%
This Hospital
+7.6%
State Avg
Latest Margin
-2.5%
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) | $671M | -5.9% |
| FY2024 (proj) | $713M | -9.3% |
| FY2025 (proj) | $755M | -12.7% |