MINDEN MEDICAL CENTER — History
CCN 190144 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$53M
Latest Revenue (FY2022)
-0.2%
Revenue CAGR (3yr)
-3.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $54M | $50M | $53M | +6.8% | -0.2% |
| Operating Expenses | $65M | $54M | $55M | +2.4% | -8.3% |
| Operating Margin | -22.1% | -7.5% | -3.1% | +59.4% | +0.0% |
| Net Income | $-12M | $-4M | $-2M | +56.6% | +0.0% |
| Licensed Beds | 123 | 123 | 123 | +0.0% | +0.0% |
| Total Patient Days | 9,220 | 7,503 | 8,137 | +8.4% | -6.1% |
| Medicare Day % | 36% | 32% | 27% | -16.2% | -14.6% |
| Medicaid Day % | 30% | 29% | 14% | -51.0% | -30.7% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: -0.4% ($54M → $53M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-0.2%
This Hospital
+7.6%
State Avg
Latest Margin
-3.1%
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) | $53M | 6.5% |
| FY2024 (proj) | $53M | 16.0% |
| FY2025 (proj) | $53M | 25.5% |