HEDRICK MEDICAL CENTER — History
CCN 261321 | 3-year financial timeline | COVID resilience: 61/100
🛡️ Public data only — no PHI permitted on this instance.
$64M
Latest Revenue (FY2022)
+7.3%
Revenue CAGR (3yr)
5.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $55M | $57M | $64M | +11.5% | +7.3% |
| Operating Expenses | $53M | $57M | $60M | +5.3% | +6.9% |
| Operating Margin | 4.7% | -0.3% | 5.4% | +2023.3% | +7.0% |
| Net Income | $3M | $-0M | $3M | +2245.0% | +14.9% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 5,350 | 4,866 | 5,088 | +4.6% | -2.5% |
| Medicare Day % | 58% | 52% | 55% | +4.9% | -3.4% |
| Medicaid Day % | 6% | 6% | 5% | -12.4% | -5.6% |
COVID Impact & Recovery
Resilience Score: 61/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +15.2% ($55M → $64M)
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
+7.3%
This Hospital
+7.6%
State Avg
Latest Margin
5.4%
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) | $68M | 5.7% |
| FY2024 (proj) | $72M | 6.0% |
| FY2025 (proj) | $76M | 6.4% |