KINDRED HOSPITAL NEW JERSEY — History
CCN 312020 | 3-year financial timeline | COVID resilience: 35/100
🛡️ Public data only — no PHI permitted on this instance.
$54M
Latest Revenue (FY2022)
-5.2%
Revenue CAGR (3yr)
-1.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $60M | $53M | $54M | +1.5% | -5.2% |
| Operating Expenses | $58M | $56M | $55M | -1.1% | -2.9% |
| Operating Margin | 3.1% | -4.3% | -1.6% | +62.5% | +0.0% |
| Net Income | $2M | $-2M | $-1M | +61.9% | +0.0% |
| Licensed Beds | 104 | 104 | 104 | +0.0% | +0.0% |
| Total Patient Days | 26,474 | 24,853 | 22,455 | -9.6% | -7.9% |
| Medicare Day % | 52% | 44% | 52% | +18.4% | -0.2% |
| Medicaid Day % | 0% | nan% | 0% | +nan% | +191.4% |
COVID Impact & Recovery
Resilience Score: 35/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -10.0% ($60M → $54M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-5.2%
This Hospital
+7.6%
State Avg
Latest Margin
-1.6%
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) | $51M | -4.0% |
| FY2024 (proj) | $48M | -6.3% |
| FY2025 (proj) | $45M | -8.7% |