TRACE REGIONAL HOSPITAL — History
CCN 250017 | 3-year financial timeline | COVID resilience: 18/100
🛡️ Public data only — no PHI permitted on this instance.
$14M
Latest Revenue (FY2022)
+1.2%
Revenue CAGR (3yr)
-20.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $13M | $13M | $14M | +2.2% | +1.2% |
| Operating Expenses | $12M | $17M | $16M | -3.0% | +17.2% |
| Operating Margin | 10.1% | -26.9% | -20.5% | +24.0% | +0.0% |
| Net Income | $1M | $-4M | $-3M | +22.3% | +0.0% |
| Licensed Beds | 39 | 24 | 24 | +0.0% | -21.6% |
| Total Patient Days | 18 | 332 | 299 | -9.9% | +307.6% |
| Medicare Day % | 94% | 91% | 76% | -16.9% | -10.5% |
| Medicaid Day % | nan% | 1% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 18/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +2.5% ($13M → $14M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+1.2%
This Hospital
+7.6%
State Avg
Latest Margin
-20.5%
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) | $14M | -35.8% |
| FY2024 (proj) | $14M | -51.0% |
| FY2025 (proj) | $14M | -66.3% |