ASCENSION ALLEGAN HOSPITAL — History
CCN 231328 | 3-year financial timeline | COVID resilience: 71/100
🛡️ Public data only — no PHI permitted on this instance.
$41M
Latest Revenue (FY2022)
+3.7%
Revenue CAGR (3yr)
1.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $38M | $39M | $41M | +4.0% | +3.7% |
| Operating Expenses | $47M | $44M | $40M | -8.4% | -7.8% |
| Operating Margin | -24.2% | -11.5% | 1.8% | +115.6% | +0.0% |
| Net Income | $-9M | $-5M | $1M | +116.2% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 1,724 | 2,188 | 2,541 | +16.1% | +21.4% |
| Medicare Day % | 31% | 21% | 23% | +9.8% | -13.1% |
| Medicaid Day % | 0% | 3% | 1% | -46.4% | +407.8% |
COVID Impact & Recovery
Resilience Score: 71/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +7.6% ($38M → $41M)
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
+3.7%
This Hospital
+7.6%
State Avg
Latest Margin
1.8%
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) | $42M | 14.8% |
| FY2024 (proj) | $44M | 27.8% |
| FY2025 (proj) | $45M | 40.8% |