CHESHIRE MEDICAL CENTER — History
CCN 300019 | 3-year financial timeline | COVID resilience: 37/100
🛡️ Public data only — no PHI permitted on this instance.
$236M
Latest Revenue (FY2022)
+3.0%
Revenue CAGR (3yr)
-22.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $223M | $237M | $236M | -0.2% | +3.0% |
| Operating Expenses | $240M | $272M | $289M | +6.3% | +9.7% |
| Operating Margin | -7.9% | -14.9% | -22.4% | -50.3% | +0.0% |
| Net Income | $-17M | $-35M | $-53M | -50.0% | +0.0% |
| Licensed Beds | 86 | 86 | 86 | +0.0% | +0.0% |
| Total Patient Days | 16,862 | 18,779 | 17,460 | -7.0% | +1.8% |
| Medicare Day % | 44% | 37% | 36% | -2.3% | -8.9% |
| Medicaid Day % | 2% | 2% | 1% | -53.2% | -31.7% |
COVID Impact & Recovery
Resilience Score: 37/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +6.0% ($223M → $236M)
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
+3.0%
This Hospital
+7.6%
State Avg
Latest Margin
-22.4%
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) | $243M | -29.7% |
| FY2024 (proj) | $250M | -37.0% |
| FY2025 (proj) | $256M | -44.2% |