LAKE REGION HEALTHCARE — History
CCN 240052 | 3-year financial timeline | COVID resilience: 54/100
🛡️ Public data only — no PHI permitted on this instance.
$134M
Latest Revenue (FY2022)
+5.6%
Revenue CAGR (3yr)
-11.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $120M | $136M | $134M | -1.2% | +5.6% |
| Operating Expenses | $132M | $144M | $149M | +4.0% | +6.5% |
| Operating Margin | -9.6% | -5.9% | -11.4% | -95.0% | +0.0% |
| Net Income | $-12M | $-8M | $-15M | -92.6% | +0.0% |
| Licensed Beds | 80 | 80 | 80 | +0.0% | +0.0% |
| Total Patient Days | 4,957 | 5,494 | 5,475 | -0.3% | +5.1% |
| Medicare Day % | 36% | 33% | 34% | +0.3% | -3.9% |
| Medicaid Day % | 5% | 4% | 3% | -28.3% | -26.9% |
COVID Impact & Recovery
Resilience Score: 54/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +11.6% ($120M → $134M)
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
+5.6%
This Hospital
+7.6%
State Avg
Latest Margin
-11.4%
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) | $141M | -12.3% |
| FY2024 (proj) | $148M | -13.2% |
| FY2025 (proj) | $155M | -14.1% |