VIBRA HOSPITAL SOUTHEASTERN MICHIGAN — History
CCN 232019 | 3-year financial timeline | COVID resilience: 22/100
🛡️ Public data only — no PHI permitted on this instance.
$36M
Latest Revenue (FY2022)
-8.9%
Revenue CAGR (3yr)
-14.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $43M | $41M | $36M | -13.7% | -8.9% |
| Operating Expenses | $42M | $42M | $41M | -2.1% | -1.1% |
| Operating Margin | 2.6% | -1.0% | -14.7% | -1332.8% | +0.0% |
| Net Income | $1M | $-0M | $-5M | -1136.0% | +0.0% |
| Licensed Beds | 68 | 68 | 68 | +0.0% | +0.0% |
| Total Patient Days | 20,908 | 19,962 | 17,329 | -13.2% | -9.0% |
| Medicare Day % | 53% | 39% | 39% | +2.0% | -14.2% |
| Medicaid Day % | 0% | nan% | 1% | +nan% | +59.4% |
COVID Impact & Recovery
Resilience Score: 22/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -16.9% ($43M → $36M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-8.9%
This Hospital
+7.6%
State Avg
Latest Margin
-14.7%
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) | $32M | -23.3% |
| FY2024 (proj) | $28M | -31.9% |
| FY2025 (proj) | $25M | -40.6% |