GOTHENBURG MEMORIAL HOSP — History
CCN 281313 | 3-year financial timeline | COVID resilience: 46/100
🛡️ Public data only — no PHI permitted on this instance.
$28M
Latest Revenue (FY2022)
+3.4%
Revenue CAGR (3yr)
-12.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $26M | $26M | $28M | +9.1% | +3.4% |
| Operating Expenses | $28M | $28M | $32M | +12.5% | +5.7% |
| Operating Margin | -7.2% | -8.7% | -12.1% | -39.1% | +0.0% |
| Net Income | $-2M | $-2M | $-3M | -51.7% | +0.0% |
| Licensed Beds | 15 | 15 | 15 | +0.0% | +0.0% |
| Total Patient Days | 1,117 | 1,326 | 1,082 | -18.4% | -1.6% |
| Medicare Day % | 64% | 65% | 65% | +1.2% | +1.2% |
| Medicaid Day % | 9% | 7% | 11% | +73.3% | +13.3% |
COVID Impact & Recovery
Resilience Score: 46/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +6.9% ($26M → $28M)
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▼ Declining
vs State Average ()
Revenue Growth
+3.4%
This Hospital
+7.6%
State Avg
Latest Margin
-12.1%
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) | $29M | -14.5% |
| FY2024 (proj) | $30M | -17.0% |
| FY2025 (proj) | $31M | -19.4% |