NEWARK WAYNE COMMUNITY HOSPITAL — History
CCN 330030 | 3-year financial timeline | COVID resilience: 63/100
🛡️ Public data only — no PHI permitted on this instance.
$106M
Latest Revenue (FY2022)
+6.3%
Revenue CAGR (3yr)
-9.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $94M | $104M | $106M | +2.3% | +6.3% |
| Operating Expenses | $105M | $104M | $116M | +11.3% | +5.0% |
| Operating Margin | -12.1% | -0.5% | -9.4% | -1619.6% | +0.0% |
| Net Income | $-11M | $-1M | $-10M | -1659.0% | +0.0% |
| Licensed Beds | 101 | 101 | 101 | +0.0% | +0.0% |
| Total Patient Days | 18,017 | 20,285 | 23,260 | +14.7% | +13.6% |
| Medicare Day % | 27% | 25% | 24% | -3.1% | -6.7% |
| Medicaid Day % | 3% | 2% | 2% | +2.0% | -17.4% |
COVID Impact & Recovery
Resilience Score: 63/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +13.0% ($94M → $106M)
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▲ Growing
vs State Average ()
Revenue Growth
+6.3%
This Hospital
+7.6%
State Avg
Latest Margin
-9.4%
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) | $112M | -8.0% |
| FY2024 (proj) | $118M | -6.7% |
| FY2025 (proj) | $124M | -5.3% |