FORREST GENERAL HOSPITAL — History
CCN 250078 | 3-year financial timeline | COVID resilience: 34/100
🛡️ Public data only — no PHI permitted on this instance.
$447M
Latest Revenue (FY2022)
+0.6%
Revenue CAGR (3yr)
-8.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $441M | $463M | $447M | -3.4% | +0.6% |
| Operating Expenses | $436M | $461M | $484M | +5.2% | +5.4% |
| Operating Margin | 1.2% | 0.4% | -8.4% | -2089.7% | +0.0% |
| Net Income | $5M | $2M | $-38M | -2021.3% | +0.0% |
| Licensed Beds | 438 | 447 | 435 | -2.7% | -0.3% |
| Total Patient Days | 118,018 | 117,860 | 112,607 | -4.5% | -2.3% |
| Medicare Day % | 34% | 33% | 28% | -13.8% | -8.8% |
| Medicaid Day % | 23% | 21% | 22% | +4.2% | -2.0% |
COVID Impact & Recovery
Resilience Score: 34/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +1.3% ($441M → $447M)
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
+0.6%
This Hospital
+7.6%
State Avg
Latest Margin
-8.4%
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) | $450M | -13.3% |
| FY2024 (proj) | $452M | -18.1% |
| FY2025 (proj) | $455M | -23.0% |