QUEENS HOSPITAL CENTER — History
CCN 330231 | 3-year financial timeline | COVID resilience: 73/100
🛡️ Public data only — no PHI permitted on this instance.
$637M
Latest Revenue (FY2022)
+4.7%
Revenue CAGR (3yr)
4.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $581M | $616M | $637M | +3.5% | +4.7% |
| Operating Expenses | $719M | $586M | $606M | +3.4% | -8.2% |
| Operating Margin | -23.7% | 4.9% | 4.9% | +0.1% | +0.0% |
| Net Income | $-138M | $30M | $31M | +3.6% | +0.0% |
| Licensed Beds | 200 | 200 | 200 | +0.0% | +0.0% |
| Total Patient Days | 48,853 | 60,586 | 61,467 | +1.5% | +12.2% |
| Medicare Day % | 12% | 13% | 12% | -8.4% | -2.0% |
| Medicaid Day % | 26% | 26% | 23% | -9.6% | -5.8% |
COVID Impact & Recovery
Resilience Score: 73/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +9.6% ($581M → $637M)
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
+4.7%
This Hospital
+7.6%
State Avg
Latest Margin
4.9%
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) | $665M | 19.3% |
| FY2024 (proj) | $693M | 33.6% |
| FY2025 (proj) | $721M | 47.9% |