SOCORRO GENERAL HOSPITAL — History
CCN 321301 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$35M
Latest Revenue (FY2022)
+13.0%
Revenue CAGR (3yr)
-3.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $27M | $30M | $35M | +15.9% | +13.0% |
| Operating Expenses | $31M | $32M | $36M | +10.9% | +7.5% |
| Operating Margin | -13.9% | -7.8% | -3.2% | +59.5% | +0.0% |
| Net Income | $-4M | $-2M | $-1M | +53.0% | +0.0% |
| Licensed Beds | 24 | 24 | 24 | +0.0% | +0.0% |
| Total Patient Days | 1,665 | 1,721 | 1,722 | +0.1% | +1.7% |
| Medicare Day % | 17% | 28% | 25% | -10.6% | +21.5% |
| Medicaid Day % | 5% | 2% | 1% | -52.5% | -53.2% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +27.7% ($27M → $35M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+13.0%
This Hospital
+7.6%
State Avg
Latest Margin
-3.2%
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) | $38M | 2.2% |
| FY2024 (proj) | $42M | 7.6% |
| FY2025 (proj) | $46M | 13.0% |