KINDRED HOSPITAL INDIANAPOLIS — History
CCN 152007 | 3-year financial timeline | COVID resilience: 24/100
🛡️ Public data only — no PHI permitted on this instance.
$14M
Latest Revenue (FY2022)
-7.1%
Revenue CAGR (3yr)
-25.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $16M | $17M | $14M | -19.6% | -7.1% |
| Operating Expenses | $17M | $18M | $18M | -4.5% | +1.3% |
| Operating Margin | -5.6% | -5.7% | -25.5% | -351.4% | +0.0% |
| Net Income | $-1M | $-1M | $-4M | -262.7% | +0.0% |
| Licensed Beds | 59 | 59 | 59 | +0.0% | +0.0% |
| Total Patient Days | 8,288 | 8,195 | 6,674 | -18.6% | -10.3% |
| Medicare Day % | 31% | 29% | 35% | +19.9% | +5.6% |
| Medicaid Day % | 0% | nan% | 1% | +nan% | +19.3% |
COVID Impact & Recovery
Resilience Score: 24/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -13.6% ($16M → $14M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-7.1%
This Hospital
+7.6%
State Avg
Latest Margin
-25.5%
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) | $13M | -35.5% |
| FY2024 (proj) | $12M | -45.4% |
| FY2025 (proj) | $11M | -55.3% |