CHIPPEWA COUNTY WAR MEMORIAL HOSPITA — History
CCN 230239 | 3-year financial timeline | COVID resilience: 15/100
🛡️ Public data only — no PHI permitted on this instance.
$60M
Latest Revenue (FY2022)
-24.4%
Revenue CAGR (3yr)
-5.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $104M | $113M | $60M | -47.4% | -24.4% |
| Operating Expenses | $106M | $115M | $63M | -45.2% | -22.7% |
| Operating Margin | -1.2% | -1.7% | -5.9% | -243.2% | +0.0% |
| Net Income | $-1M | $-2M | $-4M | -80.5% | +0.0% |
| Licensed Beds | 49 | 49 | 42 | -14.3% | -7.4% |
| Total Patient Days | 9,128 | 9,302 | 4,912 | -47.2% | -26.6% |
| Medicare Day % | 33% | 30% | 27% | -10.5% | -8.9% |
| Medicaid Day % | 4% | 3% | 4% | +21.2% | -4.5% |
COVID Impact & Recovery
Resilience Score: 15/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -42.9% ($104M → $60M)
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
-24.4%
This Hospital
+7.6%
State Avg
Latest Margin
-5.9%
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 | -8.3% |
| FY2024 (proj) | $15M | -10.6% |
| FY2025 (proj) | $-8M | -13.0% |