SPAULDING HOSPITAL CAMBRIDGE — History
CCN 222000 | 3-year financial timeline | COVID resilience: 79/100
🛡️ Public data only — no PHI permitted on this instance.
$72M
Latest Revenue (FY2022)
+9.4%
Revenue CAGR (3yr)
-36.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $60M | $70M | $72M | +2.0% | +9.4% |
| Operating Expenses | $108M | $88M | $98M | +11.0% | -5.1% |
| Operating Margin | -80.8% | -25.2% | -36.1% | -43.4% | +0.0% |
| Net Income | $-48M | $-18M | $-26M | -46.4% | +0.0% |
| Licensed Beds | 180 | 180 | 180 | +0.0% | +0.0% |
| Total Patient Days | 40,716 | 40,630 | 40,086 | -1.3% | -0.8% |
| Medicare Day % | 38% | 34% | 31% | -7.6% | -9.1% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 79/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +19.7% ($60M → $72M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+9.4%
This Hospital
+7.6%
State Avg
Latest Margin
-36.1%
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) | $78M | -13.8% |
| FY2024 (proj) | $84M | 8.5% |
| FY2025 (proj) | $89M | 30.8% |