IRWIN COUNTY HOSPITAL — History
CCN 110130 | 3-year financial timeline | COVID resilience: 45/100
🛡️ Public data only — no PHI permitted on this instance.
$15M
Latest Revenue (FY2022)
-1.2%
Revenue CAGR (3yr)
-26.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $15M | $14M | $15M | +4.7% | -1.2% |
| Operating Expenses | $19M | $20M | $19M | -6.6% | -0.4% |
| Operating Margin | -24.5% | -41.8% | -26.5% | +36.6% | +0.0% |
| Net Income | $-4M | $-6M | $-4M | +33.6% | +0.0% |
| Licensed Beds | 34 | 34 | 34 | +0.0% | +0.0% |
| Total Patient Days | 2,422 | 2,543 | 2,209 | -13.1% | -4.5% |
| Medicare Day % | 4% | 3% | 5% | +97.6% | +18.4% |
| Medicaid Day % | 25% | 31% | 14% | -56.1% | -25.6% |
COVID Impact & Recovery
Resilience Score: 45/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: -2.3% ($15M → $15M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-1.2%
This Hospital
+7.6%
State Avg
Latest Margin
-26.5%
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) | $15M | -27.5% |
| FY2024 (proj) | $15M | -28.5% |
| FY2025 (proj) | $15M | -29.5% |