TURNING POINT HOSPITAL — History
CCN 110209 | 3-year financial timeline | COVID resilience: 39/100
🛡️ Public data only — no PHI permitted on this instance.
$30M
Latest Revenue (FY2022)
-7.6%
Revenue CAGR (3yr)
19.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $35M | — | $30M | +nan% | -7.6% |
| Operating Expenses | $22M | $34M | $24M | -29.8% | +4.5% |
| Operating Margin | 37.3% | 0.0% | 19.9% | — | -27.0% |
| Net Income | $13M | $-34M | $6M | +117.4% | -32.5% |
| Licensed Beds | 43 | 43 | 53 | +23.3% | +11.0% |
| Total Patient Days | 10,962 | 10,616 | 8,894 | -16.2% | -9.9% |
| Medicare Day % | 85% | 79% | 73% | -7.7% | -7.4% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 39/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -14.6% ($35M → $30M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-7.6%
This Hospital
+7.6%
State Avg
Latest Margin
19.9%
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) | — | 2.4% |
| FY2024 (proj) | — | -15.0% |
| FY2025 (proj) | — | -32.4% |