SHORE MEMORIAL HOSPITAL — History
CCN 310047 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$250M
Latest Revenue (FY2022)
+18.5%
Revenue CAGR (3yr)
19.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $178M | $224M | $250M | +11.8% | +18.5% |
| Operating Expenses | $166M | $192M | $200M | +4.3% | +9.8% |
| Operating Margin | 6.7% | 14.1% | 19.9% | +40.7% | +72.7% |
| Net Income | $12M | $32M | $50M | +57.3% | +104.7% |
| Licensed Beds | 199 | 199 | 199 | +0.0% | +0.0% |
| Total Patient Days | 34,053 | 37,457 | 35,999 | -3.9% | +2.8% |
| Medicare Day % | 43% | 40% | 45% | +12.2% | +1.8% |
| Medicaid Day % | 5% | 5% | 6% | +22.9% | +12.7% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +40.4% ($178M → $250M)
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▼ Declining
vs State Average ()
Revenue Growth
+18.5%
This Hospital
+7.6%
State Avg
Latest Margin
19.9%
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) | $286M | 26.5% |
| FY2024 (proj) | $322M | 33.1% |
| FY2025 (proj) | $358M | 39.7% |