NORTHSHORE EXTENDED CARE HOSPITAL — History
CCN 192023 | 3-year financial timeline | COVID resilience: 24/100
🛡️ Public data only — no PHI permitted on this instance.
$13M
Latest Revenue (FY2022)
-6.6%
Revenue CAGR (3yr)
-41.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $15M | $15M | $13M | -16.8% | -6.6% |
| Operating Expenses | $17M | $18M | $18M | -0.2% | +3.9% |
| Operating Margin | -14.4% | -17.9% | -41.4% | -131.1% | +0.0% |
| Net Income | $-2M | $-3M | $-5M | -92.4% | +0.0% |
| Licensed Beds | 30 | 30 | 30 | +0.0% | +0.0% |
| Total Patient Days | 10,688 | 10,357 | 7,049 | -31.9% | -18.8% |
| Medicare Day % | 35% | 29% | 29% | +0.5% | -9.0% |
| Medicaid Day % | 38% | 25% | 29% | +12.7% | -12.9% |
COVID Impact & Recovery
Resilience Score: 24/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -12.7% ($15M → $13M)
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
-6.6%
This Hospital
+7.6%
State Avg
Latest Margin
-41.4%
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) | $12M | -54.9% |
| FY2024 (proj) | $11M | -68.4% |
| FY2025 (proj) | $10M | -81.9% |