SALEM MEMORIAL DISTRICT HOSPITAL — History
CCN 261318 | 3-year financial timeline | COVID resilience: 81/100
🛡️ Public data only — no PHI permitted on this instance.
$26M
Latest Revenue (FY2022)
+10.6%
Revenue CAGR (3yr)
-18.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $21M | $23M | $26M | +13.2% | +10.6% |
| Operating Expenses | $29M | $29M | $31M | +5.7% | +3.0% |
| Operating Margin | -36.9% | -27.1% | -18.7% | +31.0% | +0.0% |
| Net Income | $-8M | $-6M | $-5M | +21.9% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 2,671 | 3,250 | 3,278 | +0.9% | +10.8% |
| Medicare Day % | 66% | 54% | 64% | +18.8% | -1.6% |
| Medicaid Day % | 6% | 6% | 6% | +11.5% | -0.7% |
COVID Impact & Recovery
Resilience Score: 81/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +22.3% ($21M → $26M)
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
+10.6%
This Hospital
+7.6%
State Avg
Latest Margin
-18.7%
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) | $29M | -9.6% |
| FY2024 (proj) | $31M | -0.5% |
| FY2025 (proj) | $33M | 8.7% |