MID COAST HOSPITAL — History
CCN 200021 | 3-year financial timeline | COVID resilience: 70/100
🛡️ Public data only — no PHI permitted on this instance.
$214M
Latest Revenue (FY2022)
+8.6%
Revenue CAGR (3yr)
-14.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $181M | $53M | $214M | +302.4% | +8.6% |
| Operating Expenses | $215M | $57M | $244M | +326.5% | +6.4% |
| Operating Margin | -18.8% | -7.6% | -14.0% | -84.8% | +0.0% |
| Net Income | $-34M | $-4M | $-30M | -643.6% | +0.0% |
| Licensed Beds | 92 | 92 | 93 | +1.1% | +0.5% |
| Total Patient Days | 22,143 | 5,757 | 25,572 | +344.2% | +7.5% |
| Medicare Day % | 35% | 31% | 25% | -19.1% | -15.3% |
| Medicaid Day % | 18% | 17% | 8% | -51.0% | -32.0% |
COVID Impact & Recovery
Resilience Score: 70/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +18.0% ($181M → $214M)
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
+8.6%
This Hospital
+7.6%
State Avg
Latest Margin
-14.0%
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) | $230M | -11.6% |
| FY2024 (proj) | $246M | -9.2% |
| FY2025 (proj) | $263M | -6.8% |