SUMMIT OAKS HOSPITAL — History
CCN 314001 | 3-year financial timeline | COVID resilience: 44/100
🛡️ Public data only — no PHI permitted on this instance.
$31M
Latest Revenue (FY2022)
+1.7%
Revenue CAGR (3yr)
-0.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $30M | $29M | $31M | +7.5% | +1.7% |
| Operating Expenses | $29M | $30M | $32M | +6.6% | +4.6% |
| Operating Margin | 4.7% | -1.6% | -0.7% | +57.2% | +0.0% |
| Net Income | $1M | $-0M | $-0M | +54.0% | +0.0% |
| Licensed Beds | 122 | 124 | 124 | +0.0% | +0.8% |
| Total Patient Days | 35,803 | 34,628 | 35,289 | +1.9% | -0.7% |
| Medicare Day % | 14% | 10% | 10% | -6.5% | -17.4% |
| Medicaid Day % | 12% | 12% | 12% | -1.5% | -0.1% |
COVID Impact & Recovery
Resilience Score: 44/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +3.5% ($30M → $31M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+1.7%
This Hospital
+7.6%
State Avg
Latest Margin
-0.7%
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) | $32M | -3.3% |
| FY2024 (proj) | $33M | -6.0% |
| FY2025 (proj) | $33M | -8.7% |