PLAINS REGIONAL MEDICAL CTR - CLOVIS — History
CCN 320022 | 3-year financial timeline | COVID resilience: 41/100
🛡️ Public data only — no PHI permitted on this instance.
$113M
Latest Revenue (FY2022)
+1.6%
Revenue CAGR (3yr)
-1.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $110M | $108M | $113M | +4.8% | +1.6% |
| Operating Expenses | $107M | $104M | $115M | +10.8% | +3.8% |
| Operating Margin | 2.9% | 4.1% | -1.4% | -133.9% | +0.0% |
| Net Income | $3M | $4M | $-2M | -135.5% | +0.0% |
| Licensed Beds | 106 | 106 | 100 | -5.7% | -2.9% |
| Total Patient Days | 12,335 | 11,344 | 8,954 | -21.1% | -14.8% |
| Medicare Day % | 29% | 29% | 31% | +8.5% | +4.3% |
| Medicaid Day % | 1% | 1% | 0% | -66.8% | -54.3% |
COVID Impact & Recovery
Resilience Score: 41/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +3.2% ($110M → $113M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+1.6%
This Hospital
+7.6%
State Avg
Latest Margin
-1.4%
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) | $115M | -3.6% |
| FY2024 (proj) | $117M | -5.7% |
| FY2025 (proj) | $119M | -7.9% |