IRA DAVENPORT MEMORIAL HOSPITAL INC — History
CCN 330144 | 3-year financial timeline | COVID resilience: 30/100
🛡️ Public data only — no PHI permitted on this instance.
$19M
Latest Revenue (FY2022)
-1.8%
Revenue CAGR (3yr)
-58.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $20M | $21M | $19M | -8.4% | -1.8% |
| Operating Expenses | $25M | $26M | $30M | +15.0% | +10.7% |
| Operating Margin | -24.9% | -26.5% | -58.7% | -122.0% | +0.0% |
| Net Income | $-5M | $-5M | $-11M | -103.4% | +0.0% |
| Licensed Beds | 15 | nan | 15 | +nan% | +0.0% |
| Total Patient Days | 391 | 567 | 503 | -11.3% | +13.4% |
| Medicare Day % | 39% | 36% | 33% | -9.3% | -8.1% |
| Medicaid Day % | 3% | 2% | 1% | -49.9% | -44.2% |
COVID Impact & Recovery
Resilience Score: 30/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -3.6% ($20M → $19M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-1.8%
This Hospital
+7.6%
State Avg
Latest Margin
-58.7%
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) | $19M | -75.6% |
| FY2024 (proj) | $18M | -92.5% |
| FY2025 (proj) | $18M | -109.4% |