HEARTLAND LONG TERM ACUTE CARE HOSPI — History
CCN 262019 | 3-year financial timeline | COVID resilience: 25/100
🛡️ Public data only — no PHI permitted on this instance.
$11M
Latest Revenue (FY2022)
-6.1%
Revenue CAGR (3yr)
-23.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $12M | $12M | $11M | -7.5% | -6.1% |
| Operating Expenses | $13M | $13M | $13M | -1.4% | +1.1% |
| Operating Margin | -6.0% | -15.5% | -23.0% | -48.5% | +0.0% |
| Net Income | $-1M | $-2M | $-2M | -37.4% | +0.0% |
| Licensed Beds | 41 | 41 | 41 | +0.0% | +0.0% |
| Total Patient Days | 7,378 | 8,565 | 6,841 | -20.1% | -3.7% |
| Medicare Day % | 72% | 50% | 57% | +14.4% | -10.7% |
| Medicaid Day % | 11% | 26% | 17% | -34.1% | +22.4% |
COVID Impact & Recovery
Resilience Score: 25/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -11.9% ($12M → $11M)
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
-6.1%
This Hospital
+7.6%
State Avg
Latest Margin
-23.0%
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) | $10M | -31.6% |
| FY2024 (proj) | $9M | -40.1% |
| FY2025 (proj) | $8M | -48.6% |