PUTNAM HOSPITAL CENTER — History
CCN 330273 | 3-year financial timeline | COVID resilience: 31/100
🛡️ Public data only — no PHI permitted on this instance.
$111M
Latest Revenue (FY2022)
-5.4%
Revenue CAGR (3yr)
-31.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $125M | $121M | $111M | -7.9% | -5.4% |
| Operating Expenses | $156M | $149M | $146M | -1.7% | -3.1% |
| Operating Margin | -25.0% | -22.9% | -31.2% | -36.4% | +0.0% |
| Net Income | $-31M | $-28M | $-35M | -25.5% | +0.0% |
| Licensed Beds | 82 | 82 | 81 | -1.2% | -0.6% |
| Total Patient Days | 15,008 | 14,529 | 12,328 | -15.1% | -9.4% |
| Medicare Day % | 49% | 47% | 51% | +7.8% | +1.7% |
| Medicaid Day % | 4% | 4% | 4% | +0.0% | -5.1% |
COVID Impact & Recovery
Resilience Score: 31/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -10.5% ($125M → $111M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-5.4%
This Hospital
+7.6%
State Avg
Latest Margin
-31.2%
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) | $105M | -34.3% |
| FY2024 (proj) | $98M | -37.4% |
| FY2025 (proj) | $92M | -40.4% |