PALMER LUTHERAN HEALTH CENTER — History
CCN 161316 | 3-year financial timeline | COVID resilience: 69/100
🛡️ Public data only — no PHI permitted on this instance.
$34M
Latest Revenue (FY2022)
+11.5%
Revenue CAGR (3yr)
-7.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $28M | $35M | $34M | -1.8% | +11.5% |
| Operating Expenses | $30M | $34M | $37M | +8.0% | +10.6% |
| Operating Margin | -8.7% | 2.7% | -7.0% | -353.8% | +0.0% |
| Net Income | $-2M | $1M | $-2M | -349.1% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 1,740 | 1,857 | 1,934 | +4.1% | +5.4% |
| Medicare Day % | 63% | 56% | 62% | +12.2% | -0.5% |
| Medicaid Day % | 13% | 12% | 10% | -19.4% | -12.3% |
COVID Impact & Recovery
Resilience Score: 69/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +24.3% ($28M → $34M)
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
-7.0%
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) | $38M | -6.1% |
| FY2024 (proj) | $41M | -5.2% |
| FY2025 (proj) | $45M | -4.3% |