KINDRED HOSPITAL LOUISVILLE — History
CCN 182001 | 3-year financial timeline | COVID resilience: 30/100
🛡️ Public data only — no PHI permitted on this instance.
$65M
Latest Revenue (FY2022)
-2.0%
Revenue CAGR (3yr)
-22.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $68M | $71M | $65M | -8.0% | -2.0% |
| Operating Expenses | $70M | $82M | $80M | -2.6% | +6.9% |
| Operating Margin | -3.0% | -15.8% | -22.6% | -42.8% | +0.0% |
| Net Income | $-2M | $-11M | $-15M | -31.4% | +0.0% |
| Licensed Beds | 153 | 153 | 153 | +0.0% | +0.0% |
| Total Patient Days | 32,577 | 31,288 | 29,274 | -6.4% | -5.2% |
| Medicare Day % | 31% | 19% | 23% | +25.2% | -12.5% |
| Medicaid Day % | 7% | 7% | 11% | +63.3% | +25.9% |
COVID Impact & Recovery
Resilience Score: 30/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -4.0% ($68M → $65M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-2.0%
This Hospital
+7.6%
State Avg
Latest Margin
-22.6%
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) | $64M | -32.3% |
| FY2024 (proj) | $62M | -42.1% |
| FY2025 (proj) | $61M | -51.9% |