NORWEGIAN AMERICAN HOSPITAL — History
CCN 140206 | 3-year financial timeline | COVID resilience: 50/100
🛡️ Public data only — no PHI permitted on this instance.
$115M
Latest Revenue (FY2022)
+6.4%
Revenue CAGR (3yr)
-17.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $102M | $115M | $115M | +0.1% | +6.4% |
| Operating Expenses | $114M | $122M | $135M | +10.7% | +8.9% |
| Operating Margin | -11.8% | -5.9% | -17.1% | -192.8% | +0.0% |
| Net Income | $-12M | $-7M | $-20M | -193.0% | +0.0% |
| Licensed Beds | 173 | 173 | 173 | +0.0% | +0.0% |
| Total Patient Days | 30,928 | 31,982 | 32,771 | +2.5% | +2.9% |
| Medicare Day % | 23% | 21% | 20% | -7.7% | -7.4% |
| Medicaid Day % | 11% | 10% | 9% | -16.2% | -12.1% |
COVID Impact & Recovery
Resilience Score: 50/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +13.3% ($102M → $115M)
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
+6.4%
This Hospital
+7.6%
State Avg
Latest Margin
-17.1%
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) | $122M | -19.8% |
| FY2024 (proj) | $129M | -22.4% |
| FY2025 (proj) | $136M | -25.1% |