KINDRED HOSPITAL LAKESHORE — History
CCN 142009 | 3-year financial timeline | COVID resilience: 41/100
🛡️ Public data only — no PHI permitted on this instance.
$24M
Latest Revenue (FY2022)
+37.5%
Revenue CAGR (3yr)
-16.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $13M | $26M | $24M | -6.1% | +37.5% |
| Operating Expenses | $14M | $29M | $28M | -4.0% | +40.4% |
| Operating Margin | -11.7% | -14.1% | -16.6% | -17.7% | +0.0% |
| Net Income | $-2M | $-4M | $-4M | -10.6% | +0.0% |
| Licensed Beds | 140 | 72 | 72 | +0.0% | -28.3% |
| Total Patient Days | 5,904 | 11,733 | 11,329 | -3.4% | +38.5% |
| Medicare Day % | 30% | 33% | 24% | -25.0% | -9.7% |
| Medicaid Day % | 9% | 3% | 12% | +265.8% | +15.1% |
COVID Impact & Recovery
Resilience Score: 41/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +89.0% ($13M → $24M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+37.5%
This Hospital
+7.6%
State Avg
Latest Margin
-16.6%
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) | $30M | -19.0% |
| FY2024 (proj) | $36M | -21.5% |
| FY2025 (proj) | $41M | -23.9% |