VETERANS MEMORIAL HOSPITAL — History
CCN 161318 | 3-year financial timeline | COVID resilience: 56/100
🛡️ Public data only — no PHI permitted on this instance.
$22M
Latest Revenue (FY2022)
+6.9%
Revenue CAGR (3yr)
-4.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $19M | $22M | $22M | +0.0% | +6.9% |
| Operating Expenses | $20M | $20M | $23M | +12.5% | +8.0% |
| Operating Margin | -2.9% | 6.7% | -4.9% | -173.9% | +0.0% |
| Net Income | $-1M | $1M | $-1M | -173.9% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 2,642 | 2,623 | 2,120 | -19.2% | -10.4% |
| Medicare Day % | 70% | 56% | 63% | +13.2% | -5.1% |
| Medicaid Day % | 7% | 8% | 1% | -92.3% | -69.4% |
COVID Impact & Recovery
Resilience Score: 56/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +14.2% ($19M → $22M)
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
+6.9%
This Hospital
+7.6%
State Avg
Latest Margin
-4.9%
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) | $23M | -6.0% |
| FY2024 (proj) | $24M | -7.0% |
| FY2025 (proj) | $26M | -8.0% |