THE SPECIALTY HOSPITAL OF MERIDIAN — History
CCN 252004 | 3-year financial timeline | COVID resilience: 22/100
🛡️ Public data only — no PHI permitted on this instance.
$11M
Latest Revenue (FY2022)
-8.4%
Revenue CAGR (3yr)
-75.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $13M | $12M | $11M | -15.0% | -8.4% |
| Operating Expenses | $20M | $20M | $19M | -6.1% | -2.3% |
| Operating Margin | -54.3% | -58.7% | -75.3% | -28.2% | +0.0% |
| Net Income | $-7M | $-7M | $-8M | -9.0% | +0.0% |
| Licensed Beds | 49 | 49 | 49 | +0.0% | +0.0% |
| Total Patient Days | 8,476 | 7,720 | 7,124 | -7.7% | -8.3% |
| Medicare Day % | 94% | 89% | 94% | +6.4% | +0.3% |
| Medicaid Day % | 1% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 22/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -16.1% ($13M → $11M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-8.4%
This Hospital
+7.6%
State Avg
Latest Margin
-75.3%
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) | $10M | -85.8% |
| FY2024 (proj) | $9M | -96.3% |
| FY2025 (proj) | $8M | -106.8% |