MINER OF COLFAX MEDICAL CENTER — History
CCN 321307 | 3-year financial timeline | COVID resilience: 33/100
🛡️ Public data only — no PHI permitted on this instance.
$25M
Latest Revenue (FY2022)
+0.3%
Revenue CAGR (3yr)
-74.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $24M | $28M | $25M | -10.8% | +0.3% |
| Operating Expenses | $35M | $39M | $43M | +9.1% | +11.0% |
| Operating Margin | -42.1% | -42.3% | -74.2% | -75.2% | +0.0% |
| Net Income | $-10M | $-12M | $-18M | -56.2% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 1,903 | 2,385 | 1,798 | -24.6% | -2.8% |
| Medicare Day % | 36% | 44% | 33% | -25.2% | -4.5% |
| Medicaid Day % | 5% | 4% | 8% | +73.1% | +29.8% |
COVID Impact & Recovery
Resilience Score: 33/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +0.6% ($24M → $25M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+0.3%
This Hospital
+7.6%
State Avg
Latest Margin
-74.2%
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) | $25M | -90.2% |
| FY2024 (proj) | $25M | -106.2% |
| FY2025 (proj) | $25M | -122.3% |