RAY COUNTY MEMORIAL HOSPITAL — History
CCN 261327 | 3-year financial timeline | COVID resilience: 49/100
🛡️ Public data only — no PHI permitted on this instance.
$24M
Latest Revenue (FY2022)
+1.0%
Revenue CAGR (3yr)
-9.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $24M | $24M | $24M | +1.2% | +1.0% |
| Operating Expenses | $26M | $26M | $27M | +3.9% | +1.4% |
| Operating Margin | -8.3% | -6.4% | -9.3% | -45.2% | +0.0% |
| Net Income | $-2M | $-2M | $-2M | -46.9% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 2,940 | 2,042 | 1,619 | -20.7% | -25.8% |
| Medicare Day % | 64% | 60% | 58% | -3.4% | -5.4% |
| Medicaid Day % | 2% | 1% | 4% | +404.5% | +34.8% |
COVID Impact & Recovery
Resilience Score: 49/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +2.0% ($24M → $24M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+1.0%
This Hospital
+7.6%
State Avg
Latest Margin
-9.3%
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) | $25M | -9.8% |
| FY2024 (proj) | $25M | -10.2% |
| FY2025 (proj) | $25M | -10.7% |