BINGHAM MEMORIAL HOSPITAL — History
CCN 131325 | 3-year financial timeline | COVID resilience: 70/100
🛡️ Public data only — no PHI permitted on this instance.
$165M
Latest Revenue (FY2022)
+7.9%
Revenue CAGR (3yr)
-3.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $142M | $160M | $165M | +2.7% | +7.9% |
| Operating Expenses | $155M | $161M | $171M | +6.0% | +5.1% |
| Operating Margin | -9.2% | -0.4% | -3.6% | -868.2% | +0.0% |
| Net Income | $-13M | $-1M | $-6M | -894.3% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 5,360 | 5,363 | 4,708 | -12.2% | -6.3% |
| Medicare Day % | 40% | 40% | 37% | -7.6% | -4.0% |
| Medicaid Day % | 15% | 13% | 16% | +16.1% | +1.6% |
COVID Impact & Recovery
Resilience Score: 70/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +16.4% ($142M → $165M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+7.9%
This Hospital
+7.6%
State Avg
Latest Margin
-3.6%
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) | $176M | -0.8% |
| FY2024 (proj) | $188M | 2.0% |
| FY2025 (proj) | $200M | 4.8% |