SOUTHCOAST HOSPITALS GROUP INC. — History
CCN 220074 | 3-year financial timeline | COVID resilience: 27/100
🛡️ Public data only — no PHI permitted on this instance.
$845M
Latest Revenue (FY2022)
+4.3%
Revenue CAGR (3yr)
-16.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $778M | $830M | $845M | +1.8% | +4.3% |
| Operating Expenses | $839M | $889M | $981M | +10.4% | +8.2% |
| Operating Margin | -7.8% | -7.1% | -16.0% | -127.1% | +0.0% |
| Net Income | $-61M | $-59M | $-136M | -131.2% | +0.0% |
| Licensed Beds | 820 | 634 | 641 | +1.1% | -11.6% |
| Total Patient Days | 153,017 | 154,556 | 158,390 | +2.5% | +1.7% |
| Medicare Day % | 43% | 40% | 40% | -1.0% | -4.6% |
| Medicaid Day % | 5% | 8% | 9% | +10.3% | +25.0% |
COVID Impact & Recovery
Resilience Score: 27/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +8.7% ($778M → $845M)
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
+4.3%
This Hospital
+7.6%
State Avg
Latest Margin
-16.0%
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) | $879M | -20.2% |
| FY2024 (proj) | $913M | -24.3% |
| FY2025 (proj) | $947M | -28.4% |