CARRIS HEALTH — History
CCN 240088 | 3-year financial timeline | COVID resilience: 50/100
🛡️ Public data only — no PHI permitted on this instance.
$140M
Latest Revenue (FY2022)
+0.5%
Revenue CAGR (3yr)
-1.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $139M | $142M | $140M | -0.8% | +0.5% |
| Operating Expenses | $140M | $143M | $142M | -0.5% | +0.6% |
| Operating Margin | -1.0% | -0.9% | -1.2% | -30.2% | +0.0% |
| Net Income | $-1M | $-1M | $-2M | -29.1% | +0.0% |
| Licensed Beds | 81 | 81 | 81 | +0.0% | +0.0% |
| Total Patient Days | 11,282 | 10,415 | 9,078 | -12.8% | -10.3% |
| Medicare Day % | 24% | 22% | 23% | +0.8% | -3.1% |
| Medicaid Day % | 10% | 13% | 9% | -30.7% | -7.3% |
COVID Impact & Recovery
Resilience Score: 50/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +1.0% ($139M → $140M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+0.5%
This Hospital
+7.6%
State Avg
Latest Margin
-1.2%
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 | -1.3% |
| FY2024 (proj) | $142M | -1.4% |
| FY2025 (proj) | $143M | -1.5% |