BAPTIST HEALTH CORBIN — History
CCN 180080 | 3-year financial timeline | COVID resilience: 63/100
🛡️ Public data only — no PHI permitted on this instance.
$285M
Latest Revenue (FY2022)
+9.0%
Revenue CAGR (3yr)
1.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $240M | $268M | $285M | +6.3% | +9.0% |
| Operating Expenses | $226M | $266M | $281M | +5.7% | +11.6% |
| Operating Margin | 5.9% | 0.8% | 1.4% | +77.9% | -51.6% |
| Net Income | $14M | $2M | $4M | +89.1% | -47.3% |
| Licensed Beds | 176 | 193 | 197 | +2.1% | +5.8% |
| Total Patient Days | 44,236 | 46,668 | 44,204 | -5.3% | -0.0% |
| Medicare Day % | 24% | 21% | 17% | -19.0% | -15.9% |
| Medicaid Day % | 3% | 1% | 1% | -15.2% | -39.1% |
COVID Impact & Recovery
Resilience Score: 63/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +18.9% ($240M → $285M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+9.0%
This Hospital
+7.6%
State Avg
Latest Margin
1.4%
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) | $308M | -0.9% |
| FY2024 (proj) | $331M | -3.1% |
| FY2025 (proj) | $353M | -5.4% |