KINDRED HOSPITAL LAS VEGAS — History
CCN 292002 | 3-year financial timeline | COVID resilience: 38/100
🛡️ Public data only — no PHI permitted on this instance.
$52M
Latest Revenue (FY2022)
-10.0%
Revenue CAGR (3yr)
-10.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $65M | $60M | $52M | -12.5% | -10.0% |
| Operating Expenses | $72M | $70M | $58M | -17.2% | -10.4% |
| Operating Margin | -11.5% | -16.9% | -10.6% | +37.2% | +0.0% |
| Net Income | $-7M | $-10M | $-6M | +45.1% | +0.0% |
| Licensed Beds | 118 | 118 | 118 | +0.0% | +0.0% |
| Total Patient Days | 29,878 | 29,163 | 28,880 | -1.0% | -1.7% |
| Medicare Day % | 25% | 21% | 20% | -5.3% | -10.0% |
| Medicaid Day % | 10% | 4% | 2% | -51.4% | -57.0% |
COVID Impact & Recovery
Resilience Score: 38/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -19.0% ($65M → $52M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-10.0%
This Hospital
+7.6%
State Avg
Latest Margin
-10.6%
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) | $46M | -10.2% |
| FY2024 (proj) | $40M | -9.7% |
| FY2025 (proj) | $34M | -9.3% |