MH-LAKESHORE CAMPUS — History
CCN 231320 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$42M
Latest Revenue (FY2022)
+17.3%
Revenue CAGR (3yr)
12.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $30M | $38M | $42M | +11.1% | +17.3% |
| Operating Expenses | $34M | $36M | $37M | +2.4% | +3.9% |
| Operating Margin | -11.9% | 4.9% | 12.3% | +150.9% | +0.0% |
| Net Income | $-4M | $2M | $5M | +178.7% | +0.0% |
| Licensed Beds | 24 | 24 | 24 | +0.0% | +0.0% |
| Total Patient Days | 836 | 1,109 | 1,086 | -2.1% | +14.0% |
| Medicare Day % | 39% | 34% | 32% | -4.7% | -8.9% |
| Medicaid Day % | 6% | 4% | 2% | -36.2% | -36.7% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +37.7% ($30M → $42M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+17.3%
This Hospital
+7.6%
State Avg
Latest Margin
12.3%
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) | $48M | 24.4% |
| FY2024 (proj) | $53M | 36.5% |
| FY2025 (proj) | $59M | 48.7% |