LANDMARK HOSPITAL OF ATHENS LLC — History
CCN 112017 | 3-year financial timeline | COVID resilience: 22/100
🛡️ Public data only — no PHI permitted on this instance.
$18M
Latest Revenue (FY2022)
-8.1%
Revenue CAGR (3yr)
2.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $21M | $19M | $18M | -4.7% | -8.1% |
| Operating Expenses | $16M | $16M | $17M | +6.6% | +3.3% |
| Operating Margin | 23.1% | 13.0% | 2.6% | -79.8% | -66.2% |
| Net Income | $5M | $2M | $0M | -80.7% | -68.9% |
| Licensed Beds | 42 | 42 | 42 | +0.0% | +0.0% |
| Total Patient Days | 11,107 | 10,001 | 10,325 | +3.2% | -3.6% |
| Medicare Day % | 34% | 33% | 29% | -11.3% | -6.8% |
| Medicaid Day % | 24% | 24% | 26% | +9.7% | +5.7% |
COVID Impact & Recovery
Resilience Score: 22/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -15.6% ($21M → $18M)
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
-8.1%
This Hospital
+7.6%
State Avg
Latest Margin
2.6%
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) | $16M | -7.6% |
| FY2024 (proj) | $15M | -17.8% |
| FY2025 (proj) | $13M | -28.0% |