SALEM MEDICAL CENTER — History
CCN 310091 | 3-year financial timeline | COVID resilience: 56/100
🛡️ Public data only — no PHI permitted on this instance.
$38M
Latest Revenue (FY2022)
-7.8%
Revenue CAGR (3yr)
-38.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $45M | $51M | $38M | -25.2% | -7.8% |
| Operating Expenses | $66M | $66M | $53M | -20.7% | -10.6% |
| Operating Margin | -46.9% | -30.3% | -38.1% | -25.9% | +0.0% |
| Net Income | $-21M | $-15M | $-15M | +5.8% | +0.0% |
| Licensed Beds | 110 | 126 | 113 | -10.3% | +1.4% |
| Total Patient Days | 9,853 | 10,323 | 8,159 | -21.0% | -9.0% |
| Medicare Day % | 53% | 39% | 40% | +3.3% | -12.8% |
| Medicaid Day % | 5% | 3% | 4% | +78.3% | -8.1% |
COVID Impact & Recovery
Resilience Score: 56/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: -15.0% ($45M → $38M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-7.8%
This Hospital
+7.6%
State Avg
Latest Margin
-38.1%
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) | $35M | -33.7% |
| FY2024 (proj) | $31M | -29.4% |
| FY2025 (proj) | $28M | -25.0% |