BEVERLY HOSPITAL — History
CCN 220033 | 3-year financial timeline | COVID resilience: 48/100
🛡️ Public data only — no PHI permitted on this instance.
$411M
Latest Revenue (FY2022)
+7.0%
Revenue CAGR (3yr)
-1.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $358M | $385M | $411M | +6.6% | +7.0% |
| Operating Expenses | $358M | $378M | $417M | +10.5% | +8.0% |
| Operating Margin | 0.2% | 1.9% | -1.6% | -183.4% | +0.0% |
| Net Income | $1M | $7M | $-7M | -188.9% | +0.0% |
| Licensed Beds | 296 | 261 | 261 | +0.0% | -6.1% |
| Total Patient Days | 71,973 | 70,312 | 75,199 | +7.0% | +2.2% |
| Medicare Day % | 40% | 35% | 31% | -12.1% | -11.9% |
| Medicaid Day % | 18% | 19% | 14% | -25.9% | -11.2% |
COVID Impact & Recovery
Resilience Score: 48/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +14.5% ($358M → $411M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+7.0%
This Hospital
+7.6%
State Avg
Latest Margin
-1.6%
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) | $437M | -2.5% |
| FY2024 (proj) | $463M | -3.4% |
| FY2025 (proj) | $489M | -4.3% |