SARATOGA HOSPITAL — History
CCN 330222 | 3-year financial timeline | COVID resilience: 55/100
🛡️ Public data only — no PHI permitted on this instance.
$432M
Latest Revenue (FY2022)
+8.8%
Revenue CAGR (3yr)
-12.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $365M | $425M | $432M | +1.7% | +8.8% |
| Operating Expenses | $396M | $443M | $485M | +9.5% | +10.7% |
| Operating Margin | -8.4% | -4.3% | -12.3% | -185.9% | +0.0% |
| Net Income | $-31M | $-18M | $-53M | -190.7% | +0.0% |
| Licensed Beds | 171 | 171 | 171 | +0.0% | +0.0% |
| Total Patient Days | 46,081 | 55,596 | 57,808 | +4.0% | +12.0% |
| Medicare Day % | 31% | 30% | 28% | -3.8% | -4.3% |
| Medicaid Day % | 3% | 2% | 2% | -15.5% | -11.6% |
COVID Impact & Recovery
Resilience Score: 55/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +18.4% ($365M → $432M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+8.8%
This Hospital
+7.6%
State Avg
Latest Margin
-12.3%
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) | $465M | -14.2% |
| FY2024 (proj) | $499M | -16.1% |
| FY2025 (proj) | $532M | -18.0% |