CARTHAGE AREA HOSPITAL — History
CCN 331318 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$59M
Latest Revenue (FY2022)
+16.4%
Revenue CAGR (3yr)
-12.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $44M | $59M | $59M | +0.7% | +16.4% |
| Operating Expenses | $56M | $64M | $67M | +5.1% | +9.1% |
| Operating Margin | -27.8% | -7.6% | -12.3% | -62.0% | +0.0% |
| Net Income | $-12M | $-4M | $-7M | -63.1% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 4,580 | 5,325 | 6,414 | +20.5% | +18.3% |
| Medicare Day % | 37% | 39% | 40% | +2.7% | +3.7% |
| Medicaid Day % | 2% | 1% | 2% | +43.6% | -2.0% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +35.4% ($44M → $59M)
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▼ Declining
vs State Average ()
Revenue Growth
+16.4%
This Hospital
+7.6%
State Avg
Latest Margin
-12.3%
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) | $67M | -4.6% |
| FY2024 (proj) | $75M | 3.1% |
| FY2025 (proj) | $83M | 10.8% |