FRANKLIN MEMORIAL HOSPITAL — History
CCN 200037 | 3-year financial timeline | COVID resilience: 70/100
🛡️ Public data only — no PHI permitted on this instance.
$103M
Latest Revenue (FY2022)
+15.2%
Revenue CAGR (3yr)
-17.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $78M | $94M | $103M | +10.0% | +15.2% |
| Operating Expenses | $94M | $101M | $121M | +20.4% | +13.3% |
| Operating Margin | -21.2% | -7.2% | -17.3% | -140.5% | +0.0% |
| Net Income | $-17M | $-7M | $-18M | -164.5% | +0.0% |
| Licensed Beds | 48 | 48 | 46 | -4.2% | -2.1% |
| Total Patient Days | 6,062 | 6,715 | 8,453 | +25.9% | +18.1% |
| Medicare Day % | 36% | 26% | 23% | -12.3% | -20.1% |
| Medicaid Day % | 21% | 10% | 11% | +11.0% | -28.4% |
COVID Impact & Recovery
Resilience Score: 70/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +32.6% ($78M → $103M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+15.2%
This Hospital
+7.6%
State Avg
Latest Margin
-17.3%
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) | $116M | -15.4% |
| FY2024 (proj) | $129M | -13.4% |
| FY2025 (proj) | $141M | -11.5% |