SOUTH SHORE HOSPITAL — History
CCN 220100 | 3-year financial timeline | COVID resilience: 61/100
🛡️ Public data only — no PHI permitted on this instance.
$712M
Latest Revenue (FY2022)
+8.3%
Revenue CAGR (3yr)
-12.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $606M | $695M | $712M | +2.4% | +8.3% |
| Operating Expenses | $688M | $753M | $797M | +5.8% | +7.6% |
| Operating Margin | -13.5% | -8.3% | -12.0% | -43.7% | +0.0% |
| Net Income | $-82M | $-58M | $-85M | -47.1% | +0.0% |
| Licensed Beds | 388 | 374 | 374 | +0.0% | -1.8% |
| Total Patient Days | 124,076 | 131,070 | 131,636 | +0.4% | +3.0% |
| Medicare Day % | 45% | 42% | 41% | -2.3% | -4.6% |
| Medicaid Day % | 14% | 15% | 7% | -55.7% | -30.9% |
COVID Impact & Recovery
Resilience Score: 61/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +17.4% ($606M → $712M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+8.3%
This Hospital
+7.6%
State Avg
Latest Margin
-12.0%
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) | $764M | -11.2% |
| FY2024 (proj) | $817M | -10.4% |
| FY2025 (proj) | $870M | -9.7% |