HAZARD ARH — History
CCN 180029 | 3-year financial timeline | COVID resilience: 5/100
🛡️ Public data only — no PHI permitted on this instance.
$201M
Latest Revenue (FY2022)
-8.8%
Revenue CAGR (3yr)
-32.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $241M | $225M | $201M | -10.9% | -8.8% |
| Operating Expenses | $228M | $277M | $266M | -4.1% | +7.9% |
| Operating Margin | 5.3% | -22.9% | -32.3% | -40.9% | +0.0% |
| Net Income | $13M | $-52M | $-65M | -25.5% | +0.0% |
| Licensed Beds | 230 | 230 | 109 | -52.6% | -31.2% |
| Total Patient Days | 51,022 | 46,289 | 36,326 | -21.5% | -15.6% |
| Medicare Day % | 32% | 29% | 26% | -11.1% | -11.0% |
| Medicaid Day % | 4% | 3% | 4% | +19.8% | -4.1% |
COVID Impact & Recovery
Resilience Score: 5/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -16.8% ($241M → $201M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-8.8%
This Hospital
+7.6%
State Avg
Latest Margin
-32.3%
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) | $181M | -51.2% |
| FY2024 (proj) | $160M | -70.0% |
| FY2025 (proj) | $140M | -88.8% |