MAGEE GENERAL HOSPITAL — History
CCN 250124 | 3-year financial timeline | COVID resilience: 53/100
🛡️ Public data only — no PHI permitted on this instance.
$16M
Latest Revenue (FY2022)
+6.4%
Revenue CAGR (3yr)
-16.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $14M | $16M | $16M | -3.1% | +6.4% |
| Operating Expenses | $16M | $18M | $19M | +4.1% | +7.9% |
| Operating Margin | -13.3% | -8.5% | -16.5% | -95.2% | +0.0% |
| Net Income | $-2M | $-1M | $-3M | -89.2% | +0.0% |
| Licensed Beds | 44 | 44 | 44 | +0.0% | +0.0% |
| Total Patient Days | 5,978 | 3,244 | 3,496 | +7.8% | -23.5% |
| Medicare Day % | 74% | 57% | 66% | +15.4% | -5.8% |
| Medicaid Day % | 2% | 1% | 2% | +62.4% | -12.5% |
COVID Impact & Recovery
Resilience Score: 53/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +13.2% ($14M → $16M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+6.4%
This Hospital
+7.6%
State Avg
Latest Margin
-16.5%
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) | $17M | -18.1% |
| FY2024 (proj) | $18M | -19.7% |
| FY2025 (proj) | $19M | -21.4% |