SSH - DES MOINES — History
CCN 162003 | 3-year financial timeline | COVID resilience: 16/100
🛡️ Public data only — no PHI permitted on this instance.
$12M
Latest Revenue (FY2022)
-14.6%
Revenue CAGR (3yr)
4.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $17M | $14M | $12M | -15.1% | -14.6% |
| Operating Expenses | $13M | $11M | $12M | +5.7% | -4.7% |
| Operating Margin | 23.0% | 23.1% | 4.3% | -81.5% | -56.9% |
| Net Income | $4M | $3M | $1M | -84.3% | -63.1% |
| Licensed Beds | 30 | 30 | 30 | +0.0% | +0.0% |
| Total Patient Days | 10,135 | 8,794 | 7,278 | -17.2% | -15.3% |
| Medicare Day % | 70% | 71% | 66% | -6.6% | -3.0% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 16/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -27.0% ($17M → $12M)
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
-14.6%
This Hospital
+7.6%
State Avg
Latest Margin
4.3%
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) | $10M | -5.1% |
| FY2024 (proj) | $8M | -14.4% |
| FY2025 (proj) | $5M | -23.8% |