SPRING HARBOR HOSPITAL — History
CCN 204005 | 3-year financial timeline | COVID resilience: 27/100
🛡️ Public data only — no PHI permitted on this instance.
$78M
Latest Revenue (FY2022)
-2.1%
Revenue CAGR (3yr)
-56.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $81M | $82M | $78M | -5.9% | -2.1% |
| Operating Expenses | $98M | $106M | $121M | +14.5% | +10.9% |
| Operating Margin | -21.4% | -28.2% | -56.0% | -98.4% | +0.0% |
| Net Income | $-17M | $-23M | $-43M | -86.8% | +0.0% |
| Licensed Beds | 100 | 100 | 96 | -4.0% | -2.0% |
| Total Patient Days | 30,485 | 27,419 | 23,422 | -14.6% | -12.3% |
| Medicare Day % | 15% | 9% | 10% | +7.3% | -17.6% |
| Medicaid Day % | 31% | 32% | 57% | +80.3% | +35.0% |
COVID Impact & Recovery
Resilience Score: 27/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -4.2% ($81M → $78M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-2.1%
This Hospital
+7.6%
State Avg
Latest Margin
-56.0%
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) | $76M | -73.2% |
| FY2024 (proj) | $74M | -90.5% |
| FY2025 (proj) | $72M | -107.8% |