SOLDIERS & SAILORS MEMORIAL HOSPITAL — History
CCN 331314 | 3-year financial timeline | COVID resilience: 79/100
🛡️ Public data only — no PHI permitted on this instance.
$38M
Latest Revenue (FY2022)
+27.4%
Revenue CAGR (3yr)
-14.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $23M | $35M | $38M | +7.7% | +27.4% |
| Operating Expenses | $29M | $38M | $43M | +13.5% | +23.3% |
| Operating Margin | -22.4% | -8.9% | -14.7% | -65.7% | +0.0% |
| Net Income | $-5M | $-3M | $-6M | -78.4% | +0.0% |
| Licensed Beds | 25 | 24 | 25 | +4.2% | +0.0% |
| Total Patient Days | 2,753 | 2,771 | 2,852 | +2.9% | +1.8% |
| Medicare Day % | 44% | 37% | 33% | -11.6% | -13.2% |
| Medicaid Day % | 2% | 1% | 1% | +60.5% | -8.7% |
COVID Impact & Recovery
Resilience Score: 79/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +62.3% ($23M → $38M)
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
+27.4%
This Hospital
+7.6%
State Avg
Latest Margin
-14.7%
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) | $45M | -10.8% |
| FY2024 (proj) | $52M | -6.9% |
| FY2025 (proj) | $60M | -3.0% |