HOMER MEMORIAL HOSPITAL — History
CCN 190114 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$24M
Latest Revenue (FY2022)
+20.8%
Revenue CAGR (3yr)
-35.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $17M | $23M | $24M | +7.3% | +20.8% |
| Operating Expenses | $40M | $53M | $33M | -38.0% | -9.4% |
| Operating Margin | -100.0% | -100.0% | -35.4% | +64.6% | +0.0% |
| Net Income | $-23M | $-30M | $-9M | +71.7% | +0.0% |
| Licensed Beds | 37 | 37 | 37 | +0.0% | +0.0% |
| Total Patient Days | 4,199 | 4,311 | 4,650 | +7.9% | +5.2% |
| Medicare Day % | 46% | 44% | 43% | -0.5% | -3.2% |
| Medicaid Day % | 3% | 20% | 18% | -6.1% | +143.7% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +46.0% ($17M → $24M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+20.8%
This Hospital
+7.6%
State Avg
Latest Margin
-35.4%
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) | $28M | -3.1% |
| FY2024 (proj) | $32M | 29.2% |
| FY2025 (proj) | $36M | 61.5% |