INGALLS MEMORIAL HOSPITAL — History
CCN 140191 | 3-year financial timeline | COVID resilience: 54/100
🛡️ Public data only — no PHI permitted on this instance.
$324M
Latest Revenue (FY2022)
+2.0%
Revenue CAGR (3yr)
-11.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $311M | $335M | $324M | -3.4% | +2.0% |
| Operating Expenses | $351M | $370M | $362M | -2.0% | +1.5% |
| Operating Margin | -13.0% | -10.3% | -11.9% | -15.7% | +0.0% |
| Net Income | $-40M | $-35M | $-39M | -11.8% | +0.0% |
| Licensed Beds | 243 | 243 | 243 | +0.0% | +0.0% |
| Total Patient Days | 62,344 | 61,271 | 49,013 | -20.0% | -11.3% |
| Medicare Day % | 28% | 25% | 24% | -5.7% | -8.3% |
| Medicaid Day % | 4% | 3% | 5% | +54.8% | +7.1% |
COVID Impact & Recovery
Resilience Score: 54/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +4.1% ($311M → $324M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+2.0%
This Hospital
+7.6%
State Avg
Latest Margin
-11.9%
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) | $330M | -11.4% |
| FY2024 (proj) | $336M | -10.8% |
| FY2025 (proj) | $343M | -10.3% |