PENOBSCOT BAY MEDICAL CENTER — History
CCN 200063 | 3-year financial timeline | COVID resilience: 57/100
🛡️ Public data only — no PHI permitted on this instance.
$172M
Latest Revenue (FY2022)
+10.4%
Revenue CAGR (3yr)
-21.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $141M | $159M | $172M | +7.7% | +10.4% |
| Operating Expenses | $165M | $176M | $209M | +18.5% | +12.4% |
| Operating Margin | -17.4% | -10.6% | -21.7% | -104.5% | +0.0% |
| Net Income | $-24M | $-17M | $-37M | -120.2% | +0.0% |
| Licensed Beds | 81 | 81 | 81 | +0.0% | +0.0% |
| Total Patient Days | 16,748 | 18,173 | 18,729 | +3.1% | +5.7% |
| Medicare Day % | 26% | 28% | 26% | -5.8% | +0.8% |
| Medicaid Day % | 18% | 8% | 10% | +29.2% | -25.3% |
COVID Impact & Recovery
Resilience Score: 57/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +21.9% ($141M → $172M)
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
+10.4%
This Hospital
+7.6%
State Avg
Latest Margin
-21.7%
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) | $187M | -23.8% |
| FY2024 (proj) | $202M | -26.0% |
| FY2025 (proj) | $218M | -28.1% |