BASSETT HOSPITAL OF SCHOHARIE COUNTY — History
CCN 331320 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$41M
Latest Revenue (FY2022)
+15.8%
Revenue CAGR (3yr)
18.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $30M | $36M | $41M | +13.8% | +15.8% |
| Operating Expenses | $30M | $29M | $33M | +13.5% | +4.6% |
| Operating Margin | 0.5% | 18.7% | 18.9% | +0.9% | +543.1% |
| Net Income | $0M | $7M | $8M | +14.8% | +645.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 3,727 | 4,566 | 4,072 | -10.8% | +4.5% |
| Medicare Day % | 65% | 63% | 58% | -8.7% | -5.7% |
| Medicaid Day % | 0% | 1% | 1% | +58.5% | +63.7% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +34.2% ($30M → $41M)
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
+15.8%
This Hospital
+7.6%
State Avg
Latest Margin
18.9%
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) | $46M | 28.1% |
| FY2024 (proj) | $51M | 37.3% |
| FY2025 (proj) | $56M | 46.5% |