COPLEY MEMORIAL HOSPITAL — History
CCN 140029 | 3-year financial timeline | COVID resilience: 41/100
🛡️ Public data only — no PHI permitted on this instance.
$348M
Latest Revenue (FY2022)
+0.8%
Revenue CAGR (3yr)
-6.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $342M | $341M | $348M | +2.0% | +0.8% |
| Operating Expenses | $346M | $361M | $372M | +2.9% | +3.6% |
| Operating Margin | -1.2% | -5.9% | -6.8% | -16.7% | +0.0% |
| Net Income | $-4M | $-20M | $-24M | -19.0% | +0.0% |
| Licensed Beds | 192 | 192 | 192 | +0.0% | +0.0% |
| Total Patient Days | 52,778 | 48,783 | 50,613 | +3.8% | -2.1% |
| Medicare Day % | 30% | 29% | 26% | -7.8% | -6.7% |
| Medicaid Day % | 13% | 9% | 8% | -13.3% | -21.2% |
COVID Impact & Recovery
Resilience Score: 41/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +1.6% ($342M → $348M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+0.8%
This Hospital
+7.6%
State Avg
Latest Margin
-6.8%
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) | $351M | -9.7% |
| FY2024 (proj) | $354M | -12.5% |
| FY2025 (proj) | $356M | -15.4% |