SMMHC — History
CCN 264005 | 3-year financial timeline | COVID resilience: 40/100
🛡️ Public data only — no PHI permitted on this instance.
$69M
Latest Revenue (FY2022)
+2.5%
Revenue CAGR (3yr)
-42.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $65M | $69M | $69M | -0.6% | +2.5% |
| Operating Expenses | $77M | $80M | $98M | +22.9% | +12.7% |
| Operating Margin | -18.3% | -15.6% | -42.9% | -175.7% | +0.0% |
| Net Income | $-12M | $-11M | $-29M | -173.9% | +0.0% |
| Licensed Beds | 331 | 331 | 348 | +5.1% | +2.5% |
| Total Patient Days | 119,455 | 116,943 | 116,869 | -0.1% | -1.1% |
| Medicare Day % | 1% | 1% | 1% | +68.0% | +21.8% |
| Medicaid Day % | 3% | 3% | 3% | -4.9% | -0.6% |
COVID Impact & Recovery
Resilience Score: 40/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +5.2% ($65M → $69M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+2.5%
This Hospital
+7.6%
State Avg
Latest Margin
-42.9%
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) | $70M | -55.2% |
| FY2024 (proj) | $72M | -67.5% |
| FY2025 (proj) | $74M | -79.8% |