SOUTH GEORGIA MEDICAL CENTER — History
CCN 110122 | 3-year financial timeline | COVID resilience: 19/100
🛡️ Public data only — no PHI permitted on this instance.
$360M
Latest Revenue (FY2022)
-0.6%
Revenue CAGR (3yr)
-16.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $364M | $402M | $360M | -10.5% | -0.6% |
| Operating Expenses | $365M | $410M | $418M | +2.1% | +7.1% |
| Operating Margin | -0.1% | -1.9% | -16.2% | -746.5% | +0.0% |
| Net Income | $-0M | $-8M | $-58M | -657.9% | +0.0% |
| Licensed Beds | 277 | 263 | 224 | -14.8% | -10.1% |
| Total Patient Days | 65,618 | 77,218 | 70,128 | -9.2% | +3.4% |
| Medicare Day % | 31% | 29% | 26% | -8.9% | -8.6% |
| Medicaid Day % | 9% | 8% | 10% | +27.2% | +6.7% |
COVID Impact & Recovery
Resilience Score: 19/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -1.2% ($364M → $360M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-0.6%
This Hospital
+7.6%
State Avg
Latest Margin
-16.2%
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) | $358M | -24.2% |
| FY2024 (proj) | $356M | -32.2% |
| FY2025 (proj) | $353M | -40.2% |