HARRINGTON MEMORIAL HOSPITAL — History
CCN 220019 | 3-year financial timeline | COVID resilience: 88/100
🛡️ Public data only — no PHI permitted on this instance.
$150M
Latest Revenue (FY2022)
+11.5%
Revenue CAGR (3yr)
-4.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $121M | $139M | $150M | +7.9% | +11.5% |
| Operating Expenses | $146M | $142M | $156M | +9.8% | +3.5% |
| Operating Margin | -21.0% | -2.5% | -4.3% | -72.8% | +0.0% |
| Net Income | $-25M | $-3M | $-7M | -86.5% | +0.0% |
| Licensed Beds | 119 | 119 | 129 | +8.4% | +4.1% |
| Total Patient Days | 20,494 | 22,909 | 28,297 | +23.5% | +17.5% |
| Medicare Day % | 31% | 28% | 29% | +3.9% | -2.4% |
| Medicaid Day % | 9% | 10% | 7% | -28.6% | -11.7% |
COVID Impact & Recovery
Resilience Score: 88/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +24.3% ($121M → $150M)
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
+11.5%
This Hospital
+7.6%
State Avg
Latest Margin
-4.3%
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) | $164M | 4.0% |
| FY2024 (proj) | $179M | 12.3% |
| FY2025 (proj) | $194M | 20.6% |