HANOVER HOSPITAL — History
CCN 171365 | 3-year financial timeline | COVID resilience: 48/100
🛡️ Public data only — no PHI permitted on this instance.
$6M
Latest Revenue (FY2022)
+9.0%
Revenue CAGR (3yr)
-17.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $5M | $6M | $6M | +6.7% | +9.0% |
| Operating Expenses | $6M | $6M | $7M | +14.6% | +13.0% |
| Operating Margin | -9.7% | -9.7% | -17.9% | -84.5% | +0.0% |
| Net Income | $-1M | $-1M | $-1M | -96.8% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 6,772 | 6,723 | 5,363 | -20.2% | -11.0% |
| Medicare Day % | 15% | 13% | 14% | +6.6% | -3.4% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 48/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +18.8% ($5M → $6M)
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
+9.0%
This Hospital
+7.6%
State Avg
Latest Margin
-17.9%
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) | $7M | -22.0% |
| FY2024 (proj) | $7M | -26.1% |
| FY2025 (proj) | $8M | -30.2% |