MUNSON HEALTHCARE CHARLEVOIX HOSPITA — History
CCN 231322 | 3-year financial timeline | COVID resilience: 53/100
🛡️ Public data only — no PHI permitted on this instance.
$74M
Latest Revenue (FY2022)
+8.9%
Revenue CAGR (3yr)
1.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $62M | $68M | $74M | +8.0% | +8.9% |
| Operating Expenses | $58M | $67M | $72M | +8.4% | +12.0% |
| Operating Margin | 7.3% | 2.3% | 1.9% | -15.2% | -48.7% |
| Net Income | $5M | $2M | $1M | -8.5% | -44.2% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 2,375 | 2,196 | 1,839 | -16.3% | -12.0% |
| Medicare Day % | 30% | 32% | 33% | +2.3% | +4.2% |
| Medicaid Day % | 3% | 3% | 4% | +33.1% | +26.4% |
COVID Impact & Recovery
Resilience Score: 53/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +18.5% ($62M → $74M)
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
+8.9%
This Hospital
+7.6%
State Avg
Latest Margin
1.9%
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) | $79M | -0.8% |
| FY2024 (proj) | $85M | -3.5% |
| FY2025 (proj) | $91M | -6.1% |