KINDRED HOSPITAL NORTHLAND — History
CCN 262018 | 3-year financial timeline | COVID resilience: 24/100
🛡️ Public data only — no PHI permitted on this instance.
$19M
Latest Revenue (FY2022)
-6.9%
Revenue CAGR (3yr)
-17.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $22M | $21M | $19M | -8.0% | -6.9% |
| Operating Expenses | $23M | $24M | $23M | -4.3% | -0.3% |
| Operating Margin | -2.6% | -13.3% | -17.8% | -34.0% | +0.0% |
| Net Income | $-1M | $-3M | $-3M | -23.2% | +0.0% |
| Licensed Beds | 50 | 50 | 50 | +0.0% | +0.0% |
| Total Patient Days | 13,018 | 11,979 | 11,068 | -7.6% | -7.8% |
| Medicare Day % | 28% | 22% | 21% | -1.8% | -12.0% |
| Medicaid Day % | 26% | 28% | 32% | +17.0% | +12.5% |
COVID Impact & Recovery
Resilience Score: 24/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -13.4% ($22M → $19M)
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
-6.9%
This Hospital
+7.6%
State Avg
Latest Margin
-17.8%
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) | $18M | -25.4% |
| FY2024 (proj) | $16M | -33.0% |
| FY2025 (proj) | $15M | -40.6% |