FLUSHING HOSPITAL MEDICAL CENTER — History
CCN 330193 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$306M
Latest Revenue (FY2022)
+14.8%
Revenue CAGR (3yr)
-9.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $232M | $228M | $306M | +34.0% | +14.8% |
| Operating Expenses | $300M | $322M | $335M | +3.8% | +5.6% |
| Operating Margin | -29.3% | -41.2% | -9.4% | +77.2% | +0.0% |
| Net Income | $-68M | $-94M | $-29M | +69.5% | +0.0% |
| Licensed Beds | 247 | 247 | 247 | +0.0% | +0.0% |
| Total Patient Days | 58,557 | 55,309 | 52,655 | -4.8% | -5.2% |
| Medicare Day % | 23% | 22% | 22% | -0.3% | -1.8% |
| Medicaid Day % | 19% | 12% | 16% | +32.1% | -8.9% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +31.9% ($232M → $306M)
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
+14.8%
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) | $343M | 0.6% |
| FY2024 (proj) | $380M | 10.5% |
| FY2025 (proj) | $417M | 20.5% |