CLARK MEMORIAL HOSPITAL — History
CCN 150009 | 3-year financial timeline | COVID resilience: 28/100
🛡️ Public data only — no PHI permitted on this instance.
$168M
Latest Revenue (FY2022)
-3.7%
Revenue CAGR (3yr)
-14.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $181M | $176M | $168M | -5.0% | -3.7% |
| Operating Expenses | $184M | $195M | $193M | -1.5% | +2.4% |
| Operating Margin | -1.6% | -10.8% | -14.9% | -38.0% | +0.0% |
| Net Income | $-3M | $-19M | $-25M | -31.1% | +0.0% |
| Licensed Beds | 153 | 153 | 153 | +0.0% | +0.0% |
| Total Patient Days | 34,581 | 39,066 | 31,951 | -18.2% | -3.9% |
| Medicare Day % | 33% | 27% | 24% | -10.7% | -13.9% |
| Medicaid Day % | 5% | 4% | 4% | +9.7% | -12.9% |
COVID Impact & Recovery
Resilience Score: 28/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -7.3% ($181M → $168M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-3.7%
This Hospital
+7.6%
State Avg
Latest Margin
-14.9%
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) | $161M | -21.6% |
| FY2024 (proj) | $154M | -28.3% |
| FY2025 (proj) | $148M | -34.9% |