EDWARD W. SPARROW HOSPITAL — History
CCN 230230 | 3-year financial timeline | COVID resilience: 27/100
🛡️ Public data only — no PHI permitted on this instance.
$936M
Latest Revenue (FY2022)
+3.2%
Revenue CAGR (3yr)
-24.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $879M | $1.0B | $936M | -7.0% | +3.2% |
| Operating Expenses | $1.0B | $1.1B | $1.2B | +2.7% | +6.8% |
| Operating Margin | -16.4% | -12.7% | -24.5% | -92.6% | +0.0% |
| Net Income | $-144M | $-128M | $-230M | -79.0% | +0.0% |
| Licensed Beds | 533 | 533 | 425 | -20.3% | -10.7% |
| Total Patient Days | 132,077 | 154,052 | 133,177 | -13.6% | +0.4% |
| Medicare Day % | 26% | 21% | 18% | -14.1% | -16.9% |
| Medicaid Day % | 6% | 5% | 5% | +15.5% | -2.4% |
COVID Impact & Recovery
Resilience Score: 27/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +6.5% ($879M → $936M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+3.2%
This Hospital
+7.6%
State Avg
Latest Margin
-24.5%
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) | $965M | -28.6% |
| FY2024 (proj) | $993M | -32.7% |
| FY2025 (proj) | $1.0B | -36.8% |