OTSEGO MEMORIAL HOSPITAL — History
CCN 230133 | 3-year financial timeline | COVID resilience: 45/100
🛡️ Public data only — no PHI permitted on this instance.
$109M
Latest Revenue (FY2022)
+2.2%
Revenue CAGR (3yr)
-3.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $105M | $110M | $109M | -0.8% | +2.2% |
| Operating Expenses | $103M | $112M | $113M | +0.6% | +4.5% |
| Operating Margin | 1.2% | -1.8% | -3.2% | -78.9% | +0.0% |
| Net Income | $1M | $-2M | $-4M | -77.4% | +0.0% |
| Licensed Beds | 46 | 46 | 46 | +0.0% | +0.0% |
| Total Patient Days | 4,741 | 6,153 | 5,093 | -17.2% | +3.6% |
| Medicare Day % | 32% | 33% | 31% | -6.3% | -2.6% |
| Medicaid Day % | 6% | 4% | 4% | +7.0% | -17.9% |
COVID Impact & Recovery
Resilience Score: 45/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +4.5% ($105M → $109M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+2.2%
This Hospital
+7.6%
State Avg
Latest Margin
-3.2%
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) | $112M | -5.4% |
| FY2024 (proj) | $114M | -7.6% |
| FY2025 (proj) | $116M | -9.8% |