SHERIDAN MEMORIAL HOSPITAL — History
CCN 271322 | 3-year financial timeline | COVID resilience: 76/100
🛡️ Public data only — no PHI permitted on this instance.
$17M
Latest Revenue (FY2022)
+16.8%
Revenue CAGR (3yr)
-9.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $12M | $14M | $17M | +22.1% | +16.8% |
| Operating Expenses | $14M | $16M | $18M | +12.8% | +13.8% |
| Operating Margin | -15.4% | -18.6% | -9.6% | +48.5% | +0.0% |
| Net Income | $-2M | $-3M | $-2M | +37.1% | +0.0% |
| Licensed Beds | 19 | 19 | 19 | +0.0% | +0.0% |
| Total Patient Days | 998 | 1,348 | 1,359 | +0.8% | +16.7% |
| Medicare Day % | 78% | 46% | 62% | +36.3% | -10.7% |
| Medicaid Day % | 6% | 6% | 3% | -48.6% | -24.2% |
COVID Impact & Recovery
Resilience Score: 76/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +36.4% ($12M → $17M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+16.8%
This Hospital
+7.6%
State Avg
Latest Margin
-9.6%
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) | $19M | -6.7% |
| FY2024 (proj) | $21M | -3.8% |
| FY2025 (proj) | $23M | -0.9% |