NORTHERN MAINE MEDICAL CENTER — History
CCN 200052 | 3-year financial timeline | COVID resilience: 38/100
🛡️ Public data only — no PHI permitted on this instance.
$59M
Latest Revenue (FY2022)
+3.5%
Revenue CAGR (3yr)
-24.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $55M | $56M | $59M | +6.4% | +3.5% |
| Operating Expenses | $62M | $69M | $74M | +7.5% | +8.9% |
| Operating Margin | -12.5% | -23.2% | -24.4% | -5.3% | +0.0% |
| Net Income | $-7M | $-13M | $-14M | -12.1% | +0.0% |
| Licensed Beds | 40 | 40 | 40 | +0.0% | +0.0% |
| Total Patient Days | 6,678 | 6,388 | 7,943 | +24.3% | +9.1% |
| Medicare Day % | 55% | 50% | 45% | -10.5% | -9.7% |
| Medicaid Day % | 26% | 21% | 20% | -6.1% | -12.4% |
COVID Impact & Recovery
Resilience Score: 38/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +7.2% ($55M → $59M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+3.5%
This Hospital
+7.6%
State Avg
Latest Margin
-24.4%
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) | $61M | -30.4% |
| FY2024 (proj) | $63M | -36.4% |
| FY2025 (proj) | $65M | -42.3% |