SINAI-GRACE HOSPITAL — History
CCN 230024 | 3-year financial timeline | COVID resilience: 20/100
🛡️ Public data only — no PHI permitted on this instance.
$316M
Latest Revenue (FY2022)
-4.3%
Revenue CAGR (3yr)
-9.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $345M | $322M | $316M | -1.8% | -4.3% |
| Operating Expenses | $327M | $348M | $345M | -1.1% | +2.7% |
| Operating Margin | 5.1% | -8.4% | -9.2% | -9.9% | +0.0% |
| Net Income | $18M | $-27M | $-29M | -7.9% | +0.0% |
| Licensed Beds | 317 | 278 | 281 | +1.1% | -5.8% |
| Total Patient Days | 80,463 | 80,658 | 83,699 | +3.8% | +2.0% |
| Medicare Day % | 25% | 20% | 18% | -9.5% | -16.4% |
| Medicaid Day % | 7% | 6% | 6% | -5.3% | -8.0% |
COVID Impact & Recovery
Resilience Score: 20/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -8.4% ($345M → $316M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-4.3%
This Hospital
+7.6%
State Avg
Latest Margin
-9.2%
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) | $301M | -16.4% |
| FY2024 (proj) | $287M | -23.5% |
| FY2025 (proj) | $272M | -30.7% |