SPRINGHILL MEDICAL CENTER — History
CCN 190088 | 3-year financial timeline | COVID resilience: 64/100
🛡️ Public data only — no PHI permitted on this instance.
$22M
Latest Revenue (FY2022)
-2.0%
Revenue CAGR (3yr)
-11.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $22M | $20M | $22M | +5.5% | -2.0% |
| Operating Expenses | $27M | $23M | $24M | +2.2% | -6.2% |
| Operating Margin | -21.1% | -14.7% | -11.1% | +24.4% | +0.0% |
| Net Income | $-5M | $-3M | $-2M | +20.2% | +0.0% |
| Licensed Beds | 46 | 46 | 46 | +0.0% | +0.0% |
| Total Patient Days | 3,074 | 2,692 | 2,425 | -9.9% | -11.2% |
| Medicare Day % | 42% | 41% | 47% | +13.9% | +5.8% |
| Medicaid Day % | 2% | 7% | 1% | -89.5% | -38.5% |
COVID Impact & Recovery
Resilience Score: 64/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: -4.0% ($22M → $22M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-2.0%
This Hospital
+7.6%
State Avg
Latest Margin
-11.1%
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) | $21M | -6.1% |
| FY2024 (proj) | $21M | -1.1% |
| FY2025 (proj) | $20M | 3.9% |