THE MEDICAL CENTER OF ALBANY — History
CCN 180106 | 3-year financial timeline | COVID resilience: 33/100
🛡️ Public data only — no PHI permitted on this instance.
$15M
Latest Revenue (FY2022)
+8.1%
Revenue CAGR (3yr)
-12.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $13M | $13M | $15M | +17.1% | +8.1% |
| Operating Expenses | $13M | $15M | $16M | +11.1% | +11.5% |
| Operating Margin | -5.5% | -18.3% | -12.2% | +33.3% | +0.0% |
| Net Income | $-1M | $-2M | $-2M | +21.9% | +0.0% |
| Licensed Beds | 38 | 20 | 20 | +0.0% | -27.5% |
| Total Patient Days | 2,769 | 2,012 | 2,591 | +28.8% | -3.3% |
| Medicare Day % | 52% | 46% | 51% | +10.2% | -1.4% |
| Medicaid Day % | 6% | 10% | 4% | -59.4% | -19.4% |
COVID Impact & Recovery
Resilience Score: 33/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +16.9% ($13M → $15M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+8.1%
This Hospital
+7.6%
State Avg
Latest Margin
-12.2%
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) | $16M | -15.5% |
| FY2024 (proj) | $17M | -18.8% |
| FY2025 (proj) | $18M | -22.2% |