HILLSDALE HOSPITAL — History
CCN 230037 | 3-year financial timeline | COVID resilience: 54/100
🛡️ Public data only — no PHI permitted on this instance.
$70M
Latest Revenue (FY2022)
+7.7%
Revenue CAGR (3yr)
-15.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $60M | $70M | $70M | +0.0% | +7.7% |
| Operating Expenses | $67M | $75M | $81M | +8.1% | +9.3% |
| Operating Margin | -12.1% | -6.9% | -15.5% | -125.0% | +0.0% |
| Net Income | $-7M | $-5M | $-11M | -125.0% | +0.0% |
| Licensed Beds | 44 | 42 | 44 | +4.8% | +0.0% |
| Total Patient Days | 3,277 | 4,421 | 3,628 | -17.9% | +5.2% |
| Medicare Day % | 41% | 29% | 33% | +11.1% | -10.6% |
| Medicaid Day % | 5% | 6% | 4% | -29.3% | -10.1% |
COVID Impact & Recovery
Resilience Score: 54/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +16.0% ($60M → $70M)
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
+7.7%
This Hospital
+7.6%
State Avg
Latest Margin
-15.5%
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) | $75M | -17.2% |
| FY2024 (proj) | $79M | -19.0% |
| FY2025 (proj) | $84M | -20.7% |