COTTAGE HOSPITAL — History
CCN 301301 | 3-year financial timeline | COVID resilience: 37/100
🛡️ Public data only — no PHI permitted on this instance.
$35M
Latest Revenue (FY2022)
+2.6%
Revenue CAGR (3yr)
-15.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $33M | $33M | $35M | +7.9% | +2.6% |
| Operating Expenses | $35M | $39M | $40M | +4.9% | +7.1% |
| Operating Margin | -5.7% | -18.3% | -15.1% | +17.8% | +0.0% |
| Net Income | $-2M | $-6M | $-5M | +11.3% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 3,453 | 3,757 | 4,350 | +15.8% | +12.2% |
| Medicare Day % | 76% | 70% | 53% | -23.4% | -16.0% |
| Medicaid Day % | 0% | 0% | 0% | +43.9% | +15.0% |
COVID Impact & Recovery
Resilience Score: 37/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +5.3% ($33M → $35M)
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
+2.6%
This Hospital
+7.6%
State Avg
Latest Margin
-15.1%
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) | $36M | -19.8% |
| FY2024 (proj) | $37M | -24.5% |
| FY2025 (proj) | $38M | -29.2% |