PAYNESVILLE AREA HOSPITAL — History
CCN 241349 | 3-year financial timeline | COVID resilience: 45/100
🛡️ Public data only — no PHI permitted on this instance.
$43M
Latest Revenue (FY2022)
-3.6%
Revenue CAGR (3yr)
8.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $46M | $44M | $43M | -2.2% | -3.6% |
| Operating Expenses | $47M | $39M | $39M | +1.4% | -8.3% |
| Operating Margin | -1.6% | 11.5% | 8.2% | -28.4% | +0.0% |
| Net Income | $-1M | $5M | $4M | -30.0% | +0.0% |
| Licensed Beds | 25 | 17 | 19 | +11.8% | -12.8% |
| Total Patient Days | 2,259 | 2,591 | 2,280 | -12.0% | +0.5% |
| Medicare Day % | 54% | 52% | 45% | -14.4% | -8.7% |
| Medicaid Day % | 3% | 1% | 2% | +89.4% | -11.6% |
COVID Impact & Recovery
Resilience Score: 45/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: -7.0% ($46M → $43M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-3.6%
This Hospital
+7.6%
State Avg
Latest Margin
8.2%
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) | $41M | 13.1% |
| FY2024 (proj) | $40M | 18.0% |
| FY2025 (proj) | $38M | 22.9% |