CRETE AREA MEDICAL CENTER — History
CCN 281354 | 3-year financial timeline | COVID resilience: 57/100
🛡️ Public data only — no PHI permitted on this instance.
$29M
Latest Revenue (FY2022)
+13.1%
Revenue CAGR (3yr)
-4.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $23M | $27M | $29M | +7.1% | +13.1% |
| Operating Expenses | $25M | $27M | $30M | +10.3% | +10.8% |
| Operating Margin | -9.1% | -1.7% | -4.8% | -178.5% | +0.0% |
| Net Income | $-2M | $-0M | $-1M | -198.2% | +0.0% |
| Licensed Beds | 24 | 24 | 15 | -37.5% | -20.9% |
| Total Patient Days | 589 | 635 | 573 | -9.8% | -1.4% |
| Medicare Day % | 33% | 34% | 31% | -6.3% | -1.8% |
| Medicaid Day % | 37% | 32% | 34% | +7.5% | -3.7% |
COVID Impact & Recovery
Resilience Score: 57/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +27.8% ($23M → $29M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+13.1%
This Hospital
+7.6%
State Avg
Latest Margin
-4.8%
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) | $32M | -2.6% |
| FY2024 (proj) | $35M | -0.4% |
| FY2025 (proj) | $38M | 1.8% |