KINDRED HOSPITAL INDIANAPOLIS NORTH — History
CCN 152013 | 3-year financial timeline | COVID resilience: 24/100
🛡️ Public data only — no PHI permitted on this instance.
$16M
Latest Revenue (FY2022)
-6.5%
Revenue CAGR (3yr)
-11.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $18M | $17M | $16M | -7.1% | -6.5% |
| Operating Expenses | $18M | $19M | $18M | -4.4% | +0.2% |
| Operating Margin | 2.7% | -8.6% | -11.7% | -36.0% | +0.0% |
| Net Income | $0M | $-1M | $-2M | -26.4% | +0.0% |
| Licensed Beds | 45 | 45 | 45 | +0.0% | +0.0% |
| Total Patient Days | 9,608 | 7,716 | 7,013 | -9.1% | -14.6% |
| Medicare Day % | 35% | 30% | 30% | +1.9% | -6.2% |
| Medicaid Day % | 0% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 24/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -12.6% ($18M → $16M)
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
-6.5%
This Hospital
+7.6%
State Avg
Latest Margin
-11.7%
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) | $15M | -19.0% |
| FY2024 (proj) | $14M | -26.2% |
| FY2025 (proj) | $13M | -33.4% |