MASSENA MEMORIAL HOSPITAL — History
CCN 330223 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$48M
Latest Revenue (FY2022)
+11.9%
Revenue CAGR (3yr)
-14.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $39M | $47M | $48M | +3.5% | +11.9% |
| Operating Expenses | $53M | $54M | $55M | +2.3% | +2.1% |
| Operating Margin | -37.5% | -15.7% | -14.4% | +8.4% | +0.0% |
| Net Income | $-14M | $-7M | $-7M | +5.2% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 3,560 | 4,103 | 5,026 | +22.5% | +18.8% |
| Medicare Day % | 45% | 39% | 35% | -10.2% | -12.1% |
| Medicaid Day % | 4% | 2% | 3% | +18.9% | -19.1% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +25.2% ($39M → $48M)
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
+11.9%
This Hospital
+7.6%
State Avg
Latest Margin
-14.4%
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) | $53M | -2.8% |
| FY2024 (proj) | $58M | 8.8% |
| FY2025 (proj) | $63M | 20.3% |