FULTON STATE HOSPITAL — History
CCN 264004 | 3-year financial timeline | COVID resilience: 30/100
🛡️ Public data only — no PHI permitted on this instance.
$69M
Latest Revenue (FY2022)
-1.9%
Revenue CAGR (3yr)
-93.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $72M | $65M | $69M | +5.3% | -1.9% |
| Operating Expenses | $107M | $106M | $133M | +26.1% | +11.3% |
| Operating Margin | -50.2% | -61.4% | -93.2% | -51.9% | +0.0% |
| Net Income | $-36M | $-40M | $-64M | -60.0% | +0.0% |
| Licensed Beds | 49 | 50 | 49 | -2.0% | +0.0% |
| Total Patient Days | 17,780 | 17,695 | 16,643 | -5.9% | -3.3% |
| Medicare Day % | 2% | 3% | 4% | +59.5% | +36.9% |
| Medicaid Day % | 21% | 23% | 21% | -9.1% | +1.9% |
COVID Impact & Recovery
Resilience Score: 30/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -3.7% ($72M → $69M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-1.9%
This Hospital
+7.6%
State Avg
Latest Margin
-93.2%
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 | -114.8% |
| FY2024 (proj) | $66M | -136.3% |
| FY2025 (proj) | $65M | -157.8% |