ATHOL MEMORIAL HOSPITAL — History
CCN 221303 | 3-year financial timeline | COVID resilience: 26/100
🛡️ Public data only — no PHI permitted on this instance.
$30M
Latest Revenue (FY2022)
-5.3%
Revenue CAGR (3yr)
-26.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $34M | $38M | $30M | -21.3% | -5.3% |
| Operating Expenses | $32M | $36M | $38M | +5.0% | +8.6% |
| Operating Margin | 4.1% | 5.5% | -26.1% | -575.7% | +0.0% |
| Net Income | $1M | $2M | $-8M | -474.4% | +0.0% |
| Licensed Beds | 21 | 21 | 21 | +0.0% | +0.0% |
| Total Patient Days | 3,446 | 3,711 | 3,676 | -0.9% | +3.3% |
| Medicare Day % | 77% | 70% | 64% | -8.1% | -8.7% |
| Medicaid Day % | 2% | 3% | 4% | +22.1% | +51.9% |
COVID Impact & Recovery
Resilience Score: 26/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -10.3% ($34M → $30M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-5.3%
This Hospital
+7.6%
State Avg
Latest Margin
-26.1%
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) | $29M | -41.2% |
| FY2024 (proj) | $27M | -56.3% |
| FY2025 (proj) | $25M | -71.4% |