SCOTLAND MEMORIAL HOSPITAL — History
CCN 340008 | 3-year financial timeline | COVID resilience: 59/100
🛡️ Public data only — no PHI permitted on this instance.
$198M
Latest Revenue (FY2022)
+8.6%
Revenue CAGR (3yr)
-2.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $168M | $189M | $198M | +4.9% | +8.6% |
| Operating Expenses | $165M | $193M | $204M | +5.3% | +11.1% |
| Operating Margin | 1.7% | -2.4% | -2.8% | -15.9% | +0.0% |
| Net Income | $3M | $-5M | $-6M | -21.7% | +0.0% |
| Licensed Beds | 97 | 97 | 104 | +7.2% | +3.5% |
| Total Patient Days | 23,015 | 27,411 | 28,144 | +2.7% | +10.6% |
| Medicare Day % | 31% | 28% | 22% | -22.1% | -17.1% |
| Medicaid Day % | 22% | 16% | 9% | -44.0% | -36.4% |
COVID Impact & Recovery
Resilience Score: 59/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +18.0% ($168M → $198M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+8.6%
This Hospital
+7.6%
State Avg
Latest Margin
-2.8%
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) | $213M | -5.1% |
| FY2024 (proj) | $228M | -7.4% |
| FY2025 (proj) | $243M | -9.6% |