HARDTNER MEDICAL CENTER — History
CCN 191315 | 3-year financial timeline | COVID resilience: 30/100
🛡️ Public data only — no PHI permitted on this instance.
$32M
Latest Revenue (FY2022)
-1.8%
Revenue CAGR (3yr)
-35.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $33M | $38M | $32M | -16.2% | -1.8% |
| Operating Expenses | $38M | $41M | $43M | +3.6% | +6.1% |
| Operating Margin | -15.9% | -9.3% | -35.1% | -277.3% | +0.0% |
| Net Income | $-5M | $-4M | $-11M | -216.1% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 2,886 | 3,328 | 2,489 | -25.2% | -7.1% |
| Medicare Day % | 60% | 57% | 51% | -9.4% | -7.3% |
| Medicaid Day % | 19% | 16% | 17% | +9.5% | -3.5% |
COVID Impact & Recovery
Resilience Score: 30/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -3.5% ($33M → $32M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-1.8%
This Hospital
+7.6%
State Avg
Latest Margin
-35.1%
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) | $31M | -44.8% |
| FY2024 (proj) | $30M | -54.4% |
| FY2025 (proj) | $30M | -64.0% |