SOUTHEASTHEALTH — History
CCN 260110 | 3-year financial timeline | COVID resilience: 31/100
🛡️ Public data only — no PHI permitted on this instance.
$335M
Latest Revenue (FY2022)
-1.5%
Revenue CAGR (3yr)
-15.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $346M | $352M | $335M | -4.7% | -1.5% |
| Operating Expenses | $351M | $377M | $386M | +2.3% | +4.9% |
| Operating Margin | -1.4% | -7.3% | -15.2% | -108.2% | +0.0% |
| Net Income | $-5M | $-26M | $-51M | -98.4% | +0.0% |
| Licensed Beds | 232 | 232 | 232 | +0.0% | +0.0% |
| Total Patient Days | 38,254 | 39,316 | 33,111 | -15.8% | -7.0% |
| Medicare Day % | 44% | 40% | 37% | -6.7% | -7.5% |
| Medicaid Day % | 9% | 8% | 8% | -3.2% | -9.8% |
COVID Impact & Recovery
Resilience Score: 31/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -3.1% ($346M → $335M)
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
-1.5%
This Hospital
+7.6%
State Avg
Latest Margin
-15.2%
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) | $330M | -22.0% |
| FY2024 (proj) | $325M | -28.9% |
| FY2025 (proj) | $319M | -35.8% |