HENRY J. CARTER — History
CCN 332008 | 3-year financial timeline | COVID resilience: 23/100
🛡️ Public data only — no PHI permitted on this instance.
$128M
Latest Revenue (FY2022)
-8.0%
Revenue CAGR (3yr)
-27.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $151M | $133M | $128M | -3.5% | -8.0% |
| Operating Expenses | $165M | $169M | $163M | -3.5% | -0.7% |
| Operating Margin | -9.4% | -27.4% | -27.4% | +0.1% | +0.0% |
| Net Income | $-14M | $-36M | $-35M | +3.6% | +0.0% |
| Licensed Beds | 201 | 201 | 201 | +0.0% | +0.0% |
| Total Patient Days | 47,906 | 45,599 | 35,225 | -22.8% | -14.3% |
| Medicare Day % | 10% | 10% | 13% | +29.1% | +11.0% |
| Medicaid Day % | 48% | 46% | 43% | -6.3% | -5.2% |
COVID Impact & Recovery
Resilience Score: 23/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -15.3% ($151M → $128M)
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
-8.0%
This Hospital
+7.6%
State Avg
Latest Margin
-27.4%
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) | $117M | -36.3% |
| FY2024 (proj) | $105M | -45.3% |
| FY2025 (proj) | $93M | -54.3% |