HARFORD MEMORIAL HOSPITAL — History
CCN 210006 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$102M
Latest Revenue (FY2022)
+6.1%
Revenue CAGR (3yr)
-2.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $91M | $100M | $102M | +2.6% | +6.1% |
| Operating Expenses | $95M | $106M | $105M | -1.0% | +4.9% |
| Operating Margin | -4.4% | -5.7% | -2.1% | +63.2% | +0.0% |
| Net Income | $-4M | $-6M | $-2M | +62.2% | +0.0% |
| Licensed Beds | 82 | 82 | 88 | +7.3% | +3.6% |
| Total Patient Days | 21,608 | 22,684 | 22,321 | -1.6% | +1.6% |
| Medicare Day % | 45% | 41% | 44% | +7.7% | -1.1% |
| Medicaid Day % | 2% | 2% | 2% | +35.2% | +11.8% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +12.5% ($91M → $102M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+6.1%
This Hospital
+7.6%
State Avg
Latest Margin
-2.1%
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) | $108M | -1.0% |
| FY2024 (proj) | $114M | 0.1% |
| FY2025 (proj) | $120M | 1.2% |