SOUTHERN MAINE HEALTH CARE — History
CCN 200019 | 3-year financial timeline | COVID resilience: 73/100
🛡️ Public data only — no PHI permitted on this instance.
$352M
Latest Revenue (FY2022)
+14.0%
Revenue CAGR (3yr)
-9.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $271M | $325M | $352M | +8.4% | +14.0% |
| Operating Expenses | $310M | $324M | $387M | +19.4% | +11.8% |
| Operating Margin | -14.2% | 0.2% | -9.9% | -4111.7% | +0.0% |
| Net Income | $-38M | $1M | $-35M | -4448.4% | +0.0% |
| Licensed Beds | 140 | 140 | 140 | +0.0% | +0.0% |
| Total Patient Days | 23,159 | 31,290 | 36,876 | +17.9% | +26.2% |
| Medicare Day % | 36% | 33% | 31% | -5.0% | -7.9% |
| Medicaid Day % | 7% | 6% | 6% | -5.5% | -10.1% |
COVID Impact & Recovery
Resilience Score: 73/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +29.9% ($271M → $352M)
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
+14.0%
This Hospital
+7.6%
State Avg
Latest Margin
-9.9%
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) | $393M | -7.8% |
| FY2024 (proj) | $433M | -5.6% |
| FY2025 (proj) | $474M | -3.5% |