GATEWAY REHAB AT FLORENCE — History
CCN 183030 | 3-year financial timeline | COVID resilience: 36/100
🛡️ Public data only — no PHI permitted on this instance.
$23M
Latest Revenue (FY2022)
+2.0%
Revenue CAGR (3yr)
-15.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $22M | $24M | $23M | -6.4% | +2.0% |
| Operating Expenses | $22M | $25M | $26M | +5.5% | +9.5% |
| Operating Margin | -0.4% | -2.6% | -15.7% | -502.9% | +0.0% |
| Net Income | $-0M | $-1M | $-4M | -464.1% | +0.0% |
| Licensed Beds | 40 | 40 | 40 | +0.0% | +0.0% |
| Total Patient Days | 13,377 | 13,812 | 13,455 | -2.6% | +0.3% |
| Medicare Day % | 47% | 49% | 47% | -4.2% | -0.3% |
| Medicaid Day % | 3% | 1% | 1% | -39.8% | -59.1% |
COVID Impact & Recovery
Resilience Score: 36/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +4.0% ($22M → $23M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+2.0%
This Hospital
+7.6%
State Avg
Latest Margin
-15.7%
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 | -23.3% |
| FY2024 (proj) | $23M | -30.9% |
| FY2025 (proj) | $24M | -38.5% |