CARY MEDICAL CENTER — History
CCN 200031 | 3-year financial timeline | COVID resilience: 82/100
🛡️ Public data only — no PHI permitted on this instance.
$59M
Latest Revenue (FY2022)
+11.1%
Revenue CAGR (3yr)
-11.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $48M | $52M | $59M | +14.9% | +11.1% |
| Operating Expenses | $59M | $64M | $66M | +4.1% | +5.7% |
| Operating Margin | -23.1% | -22.8% | -11.3% | +50.7% | +0.0% |
| Net Income | $-11M | $-12M | $-7M | +43.3% | +0.0% |
| Licensed Beds | 49 | 49 | 49 | +0.0% | +0.0% |
| Total Patient Days | 7,840 | 7,674 | 8,796 | +14.6% | +5.9% |
| Medicare Day % | 44% | 39% | 33% | -14.0% | -13.0% |
| Medicaid Day % | 16% | 20% | 17% | -13.0% | +5.6% |
COVID Impact & Recovery
Resilience Score: 82/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +23.5% ($48M → $59M)
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
+11.1%
This Hospital
+7.6%
State Avg
Latest Margin
-11.3%
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) | $65M | -5.4% |
| FY2024 (proj) | $71M | 0.6% |
| FY2025 (proj) | $76M | 6.5% |