SPARROW SPECIALTY HOSPITAL — History
CCN 232037 | 3-year financial timeline | COVID resilience: 38/100
🛡️ Public data only — no PHI permitted on this instance.
$21M
Latest Revenue (FY2022)
+4.1%
Revenue CAGR (3yr)
12.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $19M | $21M | $21M | -1.2% | +4.1% |
| Operating Expenses | $15M | $16M | $18M | +12.3% | +12.6% |
| Operating Margin | 24.7% | 22.6% | 12.0% | -46.9% | -30.3% |
| Net Income | $5M | $5M | $3M | -47.6% | -27.4% |
| Licensed Beds | 30 | 30 | 30 | +0.0% | +0.0% |
| Total Patient Days | 9,764 | 10,702 | 10,603 | -0.9% | +4.2% |
| Medicare Day % | 43% | 39% | 42% | +7.0% | -1.6% |
| Medicaid Day % | 4% | 4% | 3% | -28.5% | -17.1% |
COVID Impact & Recovery
Resilience Score: 38/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +8.4% ($19M → $21M)
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▲ Growing
vs State Average ()
Revenue Growth
+4.1%
This Hospital
+7.6%
State Avg
Latest Margin
12.0%
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) | $22M | 5.6% |
| FY2024 (proj) | $23M | -0.7% |
| FY2025 (proj) | $23M | -7.1% |