MARCUM & WALLACE MEMORIAL HOSPITAL — History
CCN 181301 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$22M
Latest Revenue (FY2022)
+9.1%
Revenue CAGR (3yr)
-29.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $18M | $21M | $22M | +1.3% | +9.1% |
| Operating Expenses | $24M | $25M | $28M | +13.0% | +8.2% |
| Operating Margin | -31.7% | -16.2% | -29.7% | -83.0% | +0.0% |
| Net Income | $-6M | $-3M | $-6M | -85.3% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 4,382 | 4,043 | 3,708 | -8.3% | -8.0% |
| Medicare Day % | 53% | 41% | 35% | -12.7% | -17.9% |
| Medicaid Day % | 8% | 10% | 5% | -49.5% | -18.0% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +18.9% ($18M → $22M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+9.1%
This Hospital
+7.6%
State Avg
Latest Margin
-29.7%
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) | $23M | -28.6% |
| FY2024 (proj) | $25M | -27.6% |
| FY2025 (proj) | $27M | -26.6% |