HEALTHEAST ST JOSEPHS HOSPITAL — History
CCN 240063 | 3-year financial timeline | COVID resilience: 0/100
🛡️ Public data only — no PHI permitted on this instance.
$8M
Latest Revenue (FY2022)
-82.5%
Revenue CAGR (3yr)
-100.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $277M | $46M | $8M | -81.7% | -82.5% |
| Operating Expenses | $385M | $126M | $24M | -80.6% | -74.8% |
| Operating Margin | -39.0% | -100.0% | -100.0% | +0.0% | +0.0% |
| Net Income | $-108M | $-79M | $-16M | +80.0% | +0.0% |
| Licensed Beds | 189 | 116 | 28 | -75.9% | -61.5% |
| Total Patient Days | 52,612 | 12,295 | 2,810 | -77.1% | -76.9% |
| Medicare Day % | 31% | 21% | 20% | -4.2% | -18.8% |
| Medicaid Day % | 6% | 6% | 2% | -61.6% | -35.3% |
COVID Impact & Recovery
Resilience Score: 0/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -96.9% ($277M → $8M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-82.5%
This Hospital
+7.6%
State Avg
Latest Margin
-100.0%
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) | $-126M | -130.5% |
| FY2024 (proj) | $-260M | -161.0% |
| FY2025 (proj) | $-394M | -191.6% |