GLENS FALLS HOSPITAL — History
CCN 330191 | 3-year financial timeline | COVID resilience: 62/100
🛡️ Public data only — no PHI permitted on this instance.
$336M
Latest Revenue (FY2022)
+5.9%
Revenue CAGR (3yr)
-15.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $300M | $339M | $336M | -1.0% | +5.9% |
| Operating Expenses | $346M | $362M | $389M | +7.4% | +6.1% |
| Operating Margin | -15.5% | -6.8% | -15.9% | -132.4% | +0.0% |
| Net Income | $-46M | $-23M | $-53M | -130.2% | +0.0% |
| Licensed Beds | 361 | 391 | 391 | +0.0% | +4.1% |
| Total Patient Days | 40,415 | 54,348 | 58,596 | +7.8% | +20.4% |
| Medicare Day % | 34% | 34% | 30% | -12.0% | -5.8% |
| Medicaid Day % | 4% | 11% | 5% | -58.3% | +2.1% |
COVID Impact & Recovery
Resilience Score: 62/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +12.1% ($300M → $336M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+5.9%
This Hospital
+7.6%
State Avg
Latest Margin
-15.9%
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) | $354M | -16.1% |
| FY2024 (proj) | $372M | -16.3% |
| FY2025 (proj) | $390M | -16.5% |