GRINNELL REGIONAL MEDICAL CENTER — History
CCN 160147 | 3-year financial timeline | COVID resilience: 74/100
🛡️ Public data only — no PHI permitted on this instance.
$61M
Latest Revenue (FY2022)
+11.5%
Revenue CAGR (3yr)
-8.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $49M | $61M | $61M | -0.3% | +11.5% |
| Operating Expenses | $55M | $61M | $65M | +7.9% | +8.9% |
| Operating Margin | -13.2% | 0.3% | -8.0% | -3273.6% | +0.0% |
| Net Income | $-6M | $0M | $-5M | -3262.6% | +0.0% |
| Licensed Beds | 33 | 33 | 33 | +0.0% | +0.0% |
| Total Patient Days | 4,218 | 4,645 | 3,894 | -16.2% | -3.9% |
| Medicare Day % | 45% | 43% | 42% | -3.2% | -3.5% |
| Medicaid Day % | 18% | 17% | 19% | +11.0% | +2.8% |
COVID Impact & Recovery
Resilience Score: 74/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +24.3% ($49M → $61M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+11.5%
This Hospital
+7.6%
State Avg
Latest Margin
-8.0%
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) | $67M | -5.4% |
| FY2024 (proj) | $72M | -2.8% |
| FY2025 (proj) | $78M | -0.1% |