HANCOCK REGIONAL HOSPITAL — History
CCN 150037 | 3-year financial timeline | COVID resilience: 68/100
🛡️ Public data only — no PHI permitted on this instance.
$149M
Latest Revenue (FY2022)
+8.4%
Revenue CAGR (3yr)
-26.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $127M | $141M | $149M | +5.8% | +8.4% |
| Operating Expenses | $152M | $160M | $188M | +17.1% | +11.2% |
| Operating Margin | -20.0% | -14.0% | -26.1% | -86.3% | +0.0% |
| Net Income | $-25M | $-20M | $-39M | -97.2% | +0.0% |
| Licensed Beds | 83 | 95 | 105 | +10.5% | +12.5% |
| Total Patient Days | 8,703 | 10,900 | 10,766 | -1.2% | +11.2% |
| Medicare Day % | 32% | 26% | 31% | +16.8% | -1.3% |
| Medicaid Day % | 3% | 3% | 2% | -43.3% | -26.5% |
COVID Impact & Recovery
Resilience Score: 68/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +17.5% ($127M → $149M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+8.4%
This Hospital
+7.6%
State Avg
Latest Margin
-26.1%
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) | $160M | -29.2% |
| FY2024 (proj) | $171M | -32.3% |
| FY2025 (proj) | $182M | -35.3% |