MIDDLESBORO ARH — History
CCN 180020 | 3-year financial timeline | COVID resilience: 16/100
🛡️ Public data only — no PHI permitted on this instance.
$37M
Latest Revenue (FY2022)
-13.3%
Revenue CAGR (3yr)
-31.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $49M | $41M | $37M | -9.4% | -13.3% |
| Operating Expenses | $45M | $48M | $48M | +0.3% | +3.9% |
| Operating Margin | 8.4% | -18.7% | -31.4% | -68.3% | +0.0% |
| Net Income | $4M | $-8M | $-12M | -52.4% | +0.0% |
| Licensed Beds | 46 | 46 | 46 | +0.0% | +0.0% |
| Total Patient Days | 7,743 | 6,489 | 5,365 | -17.3% | -16.8% |
| Medicare Day % | 33% | 28% | 28% | -0.5% | -8.3% |
| Medicaid Day % | 2% | 2% | 7% | +220.3% | +113.5% |
COVID Impact & Recovery
Resilience Score: 16/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -24.8% ($49M → $37M)
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
-13.3%
This Hospital
+7.6%
State Avg
Latest Margin
-31.4%
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) | $31M | -51.4% |
| FY2024 (proj) | $25M | -71.3% |
| FY2025 (proj) | $19M | -91.2% |