NORTHERN ITASCA HOSPITAL DISTRICT — History
CCN 241316 | 3-year financial timeline | COVID resilience: 77/100
🛡️ Public data only — no PHI permitted on this instance.
$21M
Latest Revenue (FY2022)
+7.7%
Revenue CAGR (3yr)
-23.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $18M | $21M | $21M | +0.9% | +7.7% |
| Operating Expenses | $25M | $26M | $26M | +1.5% | +2.0% |
| Operating Margin | -37.8% | -22.7% | -23.5% | -3.1% | +0.0% |
| Net Income | $-7M | $-5M | $-5M | -4.1% | +0.0% |
| Licensed Beds | 20 | 20 | 20 | +0.0% | +0.0% |
| Total Patient Days | 569 | 840 | 895 | +6.5% | +25.4% |
| Medicare Day % | 42% | 65% | 45% | -30.5% | +4.1% |
| Medicaid Day % | 1% | nan% | 2% | +nan% | +12.8% |
COVID Impact & Recovery
Resilience Score: 77/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +16.0% ($18M → $21M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+7.7%
This Hospital
+7.6%
State Avg
Latest Margin
-23.5%
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) | $23M | -16.3% |
| FY2024 (proj) | $24M | -9.1% |
| FY2025 (proj) | $25M | -1.9% |