DEVENS TREATMENT & RECOVERY CENTER — History
CCN 224043 | 3-year financial timeline | COVID resilience: 42/100
🛡️ Public data only — no PHI permitted on this instance.
$35M
Latest Revenue (FY2022)
+6.7%
Revenue CAGR (3yr)
-15.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $31M | $29M | $35M | +20.8% | +6.7% |
| Operating Expenses | $33M | $35M | $41M | +17.7% | +11.7% |
| Operating Margin | -5.5% | -18.7% | -15.6% | +16.2% | +0.0% |
| Net Income | $-2M | $-5M | $-6M | -1.2% | +0.0% |
| Licensed Beds | 108 | 108 | 108 | +0.0% | +0.0% |
| Total Patient Days | 35,124 | 30,870 | 33,646 | +9.0% | -2.1% |
| Medicare Day % | 12% | 6% | 8% | +20.9% | -20.1% |
| Medicaid Day % | 1% | 1% | 1% | +9.0% | +9.8% |
COVID Impact & Recovery
Resilience Score: 42/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +13.7% ($31M → $35M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+6.7%
This Hospital
+7.6%
State Avg
Latest Margin
-15.6%
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) | $37M | -20.7% |
| FY2024 (proj) | $40M | -25.8% |
| FY2025 (proj) | $42M | -30.9% |