GRITMAN MEDICAL CENTER — History
CCN 131327 | 3-year financial timeline | COVID resilience: 62/100
🛡️ Public data only — no PHI permitted on this instance.
$92M
Latest Revenue (FY2022)
+12.5%
Revenue CAGR (3yr)
-6.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $73M | $83M | $92M | +11.3% | +12.5% |
| Operating Expenses | $76M | $86M | $98M | +13.9% | +14.0% |
| Operating Margin | -3.7% | -3.9% | -6.4% | -62.3% | +0.0% |
| Net Income | $-3M | $-3M | $-6M | -80.6% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 4,171 | 4,926 | 3,817 | -22.5% | -4.3% |
| Medicare Day % | 42% | 41% | 33% | -19.2% | -11.5% |
| Medicaid Day % | 9% | 7% | 9% | +21.3% | +0.1% |
COVID Impact & Recovery
Resilience Score: 62/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +26.5% ($73M → $92M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+12.5%
This Hospital
+7.6%
State Avg
Latest Margin
-6.4%
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) | $102M | -7.8% |
| FY2024 (proj) | $112M | -9.2% |
| FY2025 (proj) | $121M | -10.5% |