EATON RAPIDS MEDICAL CENTER — History
CCN 231324 | 3-year financial timeline | COVID resilience: 70/100
🛡️ Public data only — no PHI permitted on this instance.
$35M
Latest Revenue (FY2022)
+5.7%
Revenue CAGR (3yr)
-4.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $31M | $34M | $35M | +3.2% | +5.7% |
| Operating Expenses | $35M | $36M | $36M | +1.8% | +2.0% |
| Operating Margin | -11.9% | -5.4% | -4.0% | +25.7% | +0.0% |
| Net Income | $-4M | $-2M | $-1M | +23.4% | +0.0% |
| Licensed Beds | 20 | 20 | 20 | +0.0% | +0.0% |
| Total Patient Days | 1,025 | 1,291 | 1,416 | +9.7% | +17.5% |
| Medicare Day % | 34% | 29% | 30% | +4.3% | -6.7% |
| Medicaid Day % | 1% | 1% | 1% | +45.9% | -9.0% |
COVID Impact & Recovery
Resilience Score: 70/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +11.8% ($31M → $35M)
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
+5.7%
This Hospital
+7.6%
State Avg
Latest Margin
-4.0%
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 | -0.1% |
| FY2024 (proj) | $38M | 3.8% |
| FY2025 (proj) | $40M | 7.7% |