GLEN COVE HOSPITAL — History
CCN 330181 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$176M
Latest Revenue (FY2022)
+12.0%
Revenue CAGR (3yr)
-24.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $141M | $157M | $176M | +12.3% | +12.0% |
| Operating Expenses | $201M | $195M | $220M | +13.0% | +4.6% |
| Operating Margin | -43.0% | -23.9% | -24.6% | -3.0% | +0.0% |
| Net Income | $-60M | $-38M | $-43M | -15.7% | +0.0% |
| Licensed Beds | 54 | 54 | 54 | +0.0% | +0.0% |
| Total Patient Days | 16,494 | 15,857 | 16,931 | +6.8% | +1.3% |
| Medicare Day % | 49% | 50% | 53% | +5.4% | +4.2% |
| Medicaid Day % | 5% | 5% | 4% | -23.5% | -13.0% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +25.5% ($141M → $176M)
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
+12.0%
This Hospital
+7.6%
State Avg
Latest Margin
-24.6%
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) | $194M | -15.4% |
| FY2024 (proj) | $212M | -6.3% |
| FY2025 (proj) | $230M | 2.9% |