HMH -OCEAN MEDICAL CENTER — History
CCN 310052 | 3-year financial timeline | COVID resilience: 63/100
🛡️ Public data only — no PHI permitted on this instance.
$466M
Latest Revenue (FY2022)
+9.2%
Revenue CAGR (3yr)
-3.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $391M | $449M | $466M | +3.8% | +9.2% |
| Operating Expenses | $402M | $450M | $484M | +7.6% | +9.8% |
| Operating Margin | -2.8% | -0.1% | -3.9% | -2477.3% | +0.0% |
| Net Income | $-11M | $-1M | $-18M | -2575.0% | +0.0% |
| Licensed Beds | 315 | 315 | 329 | +4.4% | +2.2% |
| Total Patient Days | 71,534 | 79,739 | 78,553 | -1.5% | +4.8% |
| Medicare Day % | 49% | 47% | 45% | -4.7% | -4.8% |
| Medicaid Day % | 2% | 2% | 3% | +69.6% | +20.2% |
COVID Impact & Recovery
Resilience Score: 63/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +19.3% ($391M → $466M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+9.2%
This Hospital
+7.6%
State Avg
Latest Margin
-3.9%
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) | $504M | -4.4% |
| FY2024 (proj) | $542M | -5.0% |
| FY2025 (proj) | $579M | -5.5% |