CAYUGA MEDICAL CENTER AT ITHACA — History
CCN 330307 | 3-year financial timeline | COVID resilience: 62/100
🛡️ Public data only — no PHI permitted on this instance.
$302M
Latest Revenue (FY2022)
+14.4%
Revenue CAGR (3yr)
-13.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $231M | $274M | $302M | +10.4% | +14.4% |
| Operating Expenses | $278M | $329M | $342M | +3.9% | +10.9% |
| Operating Margin | -20.5% | -20.2% | -13.1% | +34.9% | +0.0% |
| Net Income | $-47M | $-55M | $-40M | +28.2% | +0.0% |
| Licensed Beds | 178 | 112 | 107 | -4.5% | -22.5% |
| Total Patient Days | 28,834 | 32,192 | 29,623 | -8.0% | +1.4% |
| Medicare Day % | 32% | 32% | 30% | -4.2% | -2.6% |
| Medicaid Day % | 4% | 3% | 3% | +8.0% | -6.2% |
COVID Impact & Recovery
Resilience Score: 62/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +31.0% ($231M → $302M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+14.4%
This Hospital
+7.6%
State Avg
Latest Margin
-13.1%
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) | $338M | -9.4% |
| FY2024 (proj) | $374M | -5.7% |
| FY2025 (proj) | $410M | -2.0% |