SOUTH SHORE UNIVERSITY HOSPITAL — History
CCN 330043 | 3-year financial timeline | COVID resilience: 77/100
🛡️ Public data only — no PHI permitted on this instance.
$700M
Latest Revenue (FY2022)
+13.0%
Revenue CAGR (3yr)
-38.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $549M | $673M | $700M | +4.1% | +13.0% |
| Operating Expenses | $775M | $904M | $970M | +7.4% | +11.9% |
| Operating Margin | -41.2% | -34.3% | -38.5% | -12.1% | +0.0% |
| Net Income | $-226M | $-231M | $-270M | -16.7% | +0.0% |
| Licensed Beds | 284 | 304 | 312 | +2.6% | +4.8% |
| Total Patient Days | 93,218 | 107,463 | 107,276 | -0.2% | +7.3% |
| Medicare Day % | 33% | 32% | 32% | -1.4% | -2.7% |
| Medicaid Day % | 7% | 7% | 5% | -30.5% | -15.3% |
COVID Impact & Recovery
Resilience Score: 77/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +27.7% ($549M → $700M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+13.0%
This Hospital
+7.6%
State Avg
Latest Margin
-38.5%
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) | $776M | -37.1% |
| FY2024 (proj) | $852M | -35.8% |
| FY2025 (proj) | $928M | -34.4% |