LAKES REGION GENERAL HOSPITAL — History
CCN 300005 | 3-year financial timeline | COVID resilience: 75/100
🛡️ Public data only — no PHI permitted on this instance.
$132M
Latest Revenue (FY2022)
+6.3%
Revenue CAGR (3yr)
-12.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $117M | $48M | $132M | +172.1% | +6.3% |
| Operating Expenses | $174M | $58M | $149M | +156.4% | -7.5% |
| Operating Margin | -48.7% | -19.5% | -12.6% | +35.4% | +0.0% |
| Net Income | $-57M | $-9M | $-17M | -75.9% | +0.0% |
| Licensed Beds | 86 | 86 | 86 | +0.0% | +0.0% |
| Total Patient Days | 13,789 | 4,829 | 13,839 | +186.6% | +0.2% |
| Medicare Day % | 49% | 48% | 45% | -5.6% | -3.4% |
| Medicaid Day % | 1% | 0% | 1% | +283.8% | -6.5% |
COVID Impact & Recovery
Resilience Score: 75/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +13.0% ($117M → $132M)
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
+6.3%
This Hospital
+7.6%
State Avg
Latest Margin
-12.6%
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) | $140M | 5.4% |
| FY2024 (proj) | $147M | 23.5% |
| FY2025 (proj) | $155M | 41.5% |