SOUTHERN OCEAN MEDICAL CENTER — History
CCN 310113 | 3-year financial timeline | COVID resilience: 76/100
🛡️ Public data only — no PHI permitted on this instance.
$233M
Latest Revenue (FY2022)
+10.0%
Revenue CAGR (3yr)
10.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $192M | $230M | $233M | +1.4% | +10.0% |
| Operating Expenses | $198M | $211M | $208M | -1.1% | +2.6% |
| Operating Margin | -2.8% | 8.3% | 10.5% | +27.6% | +0.0% |
| Net Income | $-5M | $19M | $25M | +29.3% | +0.0% |
| Licensed Beds | 156 | 147 | 147 | +0.0% | -2.9% |
| Total Patient Days | 30,256 | 34,684 | 36,307 | +4.7% | +9.5% |
| Medicare Day % | 46% | 43% | 45% | +4.2% | -1.9% |
| Medicaid Day % | 4% | 2% | 2% | -12.5% | -26.9% |
COVID Impact & Recovery
Resilience Score: 76/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +21.1% ($192M → $233M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+10.0%
This Hospital
+7.6%
State Avg
Latest Margin
10.5%
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) | $253M | 17.2% |
| FY2024 (proj) | $274M | 23.9% |
| FY2025 (proj) | $294M | 30.6% |