BATES COUNTY MEMORIAL HOSPITAL — History
CCN 260034 | 3-year financial timeline | COVID resilience: 79/100
🛡️ Public data only — no PHI permitted on this instance.
$42M
Latest Revenue (FY2022)
+8.9%
Revenue CAGR (3yr)
-2.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $35M | $40M | $42M | +6.2% | +8.9% |
| Operating Expenses | $41M | $41M | $43M | +5.3% | +3.3% |
| Operating Margin | -14.2% | -3.6% | -2.7% | +23.6% | +0.0% |
| Net Income | $-5M | $-1M | $-1M | +18.9% | +0.0% |
| Licensed Beds | 40 | 40 | 40 | +0.0% | +0.0% |
| Total Patient Days | 1,713 | 1,751 | 1,397 | -20.2% | -9.7% |
| Medicare Day % | 58% | 50% | 48% | -4.3% | -8.8% |
| Medicaid Day % | 7% | 9% | 7% | -20.6% | +0.4% |
COVID Impact & Recovery
Resilience Score: 79/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +18.7% ($35M → $42M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+8.9%
This Hospital
+7.6%
State Avg
Latest Margin
-2.7%
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) | $45M | 3.0% |
| FY2024 (proj) | $49M | 8.8% |
| FY2025 (proj) | $52M | 14.5% |