IU HEALTH BLACKFORD HOSPITAL — History
CCN 151302 | 3-year financial timeline | COVID resilience: 56/100
🛡️ Public data only — no PHI permitted on this instance.
$24M
Latest Revenue (FY2022)
+15.6%
Revenue CAGR (3yr)
-15.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $18M | $23M | $24M | +3.6% | +15.6% |
| Operating Expenses | $20M | $24M | $28M | +15.0% | +18.8% |
| Operating Margin | -9.8% | -4.4% | -15.9% | -262.3% | +0.0% |
| Net Income | $-2M | $-1M | $-4M | -275.2% | +0.0% |
| Licensed Beds | 15 | 15 | 15 | +0.0% | +0.0% |
| Total Patient Days | 2,227 | 2,384 | 1,704 | -28.5% | -12.5% |
| Medicare Day % | 56% | 48% | 50% | +4.1% | -5.3% |
| Medicaid Day % | nan% | 0% | 1% | +599.5% | +nan% |
COVID Impact & Recovery
Resilience Score: 56/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +33.7% ($18M → $24M)
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
+15.6%
This Hospital
+7.6%
State Avg
Latest Margin
-15.9%
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) | $27M | -19.0% |
| FY2024 (proj) | $30M | -22.0% |
| FY2025 (proj) | $33M | -25.1% |