BACON COUNTY HOSPITAL — History
CCN 111327 | 3-year financial timeline | COVID resilience: 32/100
🛡️ Public data only — no PHI permitted on this instance.
$43M
Latest Revenue (FY2022)
-1.5%
Revenue CAGR (3yr)
-8.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $44M | $43M | $43M | +0.5% | -1.5% |
| Operating Expenses | $44M | $49M | $47M | -4.1% | +2.9% |
| Operating Margin | 0.3% | -14.0% | -8.8% | +37.3% | +0.0% |
| Net Income | $0M | $-6M | $-4M | +37.1% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 5,428 | 5,002 | 3,770 | -24.6% | -16.7% |
| Medicare Day % | 31% | 31% | 38% | +22.6% | +11.2% |
| Medicaid Day % | 6% | 6% | 7% | +9.0% | +10.4% |
COVID Impact & Recovery
Resilience Score: 32/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -3.0% ($44M → $43M)
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
-1.5%
This Hospital
+7.6%
State Avg
Latest Margin
-8.8%
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) | $42M | -13.3% |
| FY2024 (proj) | $42M | -17.9% |
| FY2025 (proj) | $41M | -22.5% |