SYRACUSE AREA HEALTH — History
CCN 281309 | 3-year financial timeline | COVID resilience: 48/100
🛡️ Public data only — no PHI permitted on this instance.
$27M
Latest Revenue (FY2022)
+5.0%
Revenue CAGR (3yr)
-8.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $24M | $24M | $27M | +12.1% | +5.0% |
| Operating Expenses | $25M | $27M | $29M | +8.5% | +7.5% |
| Operating Margin | -3.2% | -11.6% | -8.1% | +30.5% | +0.0% |
| Net Income | $-1M | $-3M | $-2M | +22.1% | +0.0% |
| Licensed Beds | 10 | 10 | 10 | +0.0% | +0.0% |
| Total Patient Days | 482 | 615 | 632 | +2.8% | +14.5% |
| Medicare Day % | 77% | 63% | 64% | +2.6% | -8.8% |
| Medicaid Day % | 1% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 48/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +10.3% ($24M → $27M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+5.0%
This Hospital
+7.6%
State Avg
Latest Margin
-8.1%
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) | $28M | -10.5% |
| FY2024 (proj) | $29M | -12.9% |
| FY2025 (proj) | $30M | -15.3% |