NORTH OAKS MEDICAL CENTER — History
CCN 190015 | 3-year financial timeline | COVID resilience: 18/100
🛡️ Public data only — no PHI permitted on this instance.
$280M
Latest Revenue (FY2022)
+1.7%
Revenue CAGR (3yr)
8.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $271M | $259M | $280M | +8.3% | +1.7% |
| Operating Expenses | $212M | $233M | $257M | +10.5% | +10.2% |
| Operating Margin | 21.9% | 10.1% | 8.3% | -18.4% | -38.6% |
| Net Income | $59M | $26M | $23M | -11.7% | -37.6% |
| Licensed Beds | 344 | 264 | 247 | -6.4% | -15.3% |
| Total Patient Days | 56,823 | 59,891 | 55,358 | -7.6% | -1.3% |
| Medicare Day % | 27% | 23% | 22% | -1.7% | -8.9% |
| Medicaid Day % | 1% | 1% | 1% | -13.8% | -1.4% |
COVID Impact & Recovery
Resilience Score: 18/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +3.4% ($271M → $280M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+1.7%
This Hospital
+7.6%
State Avg
Latest Margin
8.3%
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) | $285M | 1.4% |
| FY2024 (proj) | $289M | -5.4% |
| FY2025 (proj) | $294M | -12.3% |