SOUTHERN REGIONAL MEDICAL CENTER — History
CCN 110165 | 3-year financial timeline | COVID resilience: 24/100
🛡️ Public data only — no PHI permitted on this instance.
$106M
Latest Revenue (FY2022)
-6.9%
Revenue CAGR (3yr)
-25.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $123M | $118M | $106M | -10.1% | -6.9% |
| Operating Expenses | $128M | $132M | $133M | +1.1% | +2.0% |
| Operating Margin | -4.5% | -11.4% | -25.3% | -122.3% | +0.0% |
| Net Income | $-5M | $-13M | $-27M | -99.8% | +0.0% |
| Licensed Beds | 244 | 244 | 244 | +0.0% | +0.0% |
| Total Patient Days | 37,383 | 34,803 | 33,077 | -5.0% | -5.9% |
| Medicare Day % | 15% | 10% | 11% | +11.5% | -13.9% |
| Medicaid Day % | 13% | 12% | 11% | -7.1% | -10.0% |
COVID Impact & Recovery
Resilience Score: 24/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -13.2% ($123M → $106M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-6.9%
This Hospital
+7.6%
State Avg
Latest Margin
-25.3%
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) | $98M | -35.7% |
| FY2024 (proj) | $90M | -46.1% |
| FY2025 (proj) | $82M | -56.5% |