FLAGET MEMORIAL HOSPITAL — History
CCN 180025 | 3-year financial timeline | COVID resilience: 52/100
🛡️ Public data only — no PHI permitted on this instance.
$86M
Latest Revenue (FY2022)
+5.5%
Revenue CAGR (3yr)
-0.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $77M | $91M | $86M | -4.9% | +5.5% |
| Operating Expenses | $75M | $82M | $87M | +6.4% | +7.2% |
| Operating Margin | 2.6% | 10.0% | -0.6% | -105.8% | +0.0% |
| Net Income | $2M | $9M | $-1M | -105.5% | +0.0% |
| Licensed Beds | 40 | 40 | 40 | +0.0% | +0.0% |
| Total Patient Days | 6,362 | 7,302 | 5,368 | -26.5% | -8.1% |
| Medicare Day % | 36% | 28% | 29% | +2.4% | -10.7% |
| Medicaid Day % | 2% | 2% | 1% | -38.7% | -25.9% |
COVID Impact & Recovery
Resilience Score: 52/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +11.3% ($77M → $86M)
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
+5.5%
This Hospital
+7.6%
State Avg
Latest Margin
-0.6%
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) | $91M | -2.2% |
| FY2024 (proj) | $95M | -3.7% |
| FY2025 (proj) | $99M | -5.3% |