JAMES B HAGGIN MEMORIAL HOSPITAL — History
CCN 181302 | 3-year financial timeline | COVID resilience: 62/100
🛡️ Public data only — no PHI permitted on this instance.
$39M
Latest Revenue (FY2022)
+21.4%
Revenue CAGR (3yr)
12.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $26M | $29M | $39M | +32.6% | +21.4% |
| Operating Expenses | $23M | $28M | $34M | +21.3% | +23.1% |
| Operating Margin | 14.5% | 4.0% | 12.2% | +201.0% | -8.4% |
| Net Income | $4M | $1M | $5M | +299.1% | +11.2% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 4,392 | 6,034 | 5,856 | -2.9% | +15.5% |
| Medicare Day % | 45% | 46% | 37% | -20.0% | -9.4% |
| Medicaid Day % | 13% | 5% | 9% | +78.8% | -14.9% |
COVID Impact & Recovery
Resilience Score: 62/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +47.4% ($26M → $39M)
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
+21.4%
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) | $45M | 11.0% |
| FY2024 (proj) | $51M | 9.8% |
| FY2025 (proj) | $58M | 8.7% |