KALKASKA MEMORIAL HEALTH CENTER — History
CCN 231301 | 3-year financial timeline | COVID resilience: 64/100
🛡️ Public data only — no PHI permitted on this instance.
$67M
Latest Revenue (FY2022)
+12.2%
Revenue CAGR (3yr)
-9.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $53M | $65M | $67M | +3.8% | +12.2% |
| Operating Expenses | $58M | $65M | $73M | +12.9% | +12.9% |
| Operating Margin | -7.6% | -0.3% | -9.1% | -3255.9% | +0.0% |
| Net Income | $-4M | $-0M | $-6M | -3383.5% | +0.0% |
| Licensed Beds | 8 | 8 | 8 | +0.0% | +0.0% |
| Total Patient Days | 447 | 628 | 631 | +0.5% | +18.8% |
| Medicare Day % | 44% | 43% | 45% | +6.2% | +1.3% |
| Medicaid Day % | 1% | 1% | 1% | +79.1% | +26.2% |
COVID Impact & Recovery
Resilience Score: 64/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +25.8% ($53M → $67M)
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▼ Declining
vs State Average ()
Revenue Growth
+12.2%
This Hospital
+7.6%
State Avg
Latest Margin
-9.1%
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) | $74M | -9.8% |
| FY2024 (proj) | $81M | -10.6% |
| FY2025 (proj) | $88M | -11.3% |