LENOIR MEMORIAL HOSPITAL — History
CCN 340027 | 3-year financial timeline | COVID resilience: 64/100
🛡️ Public data only — no PHI permitted on this instance.
$125M
Latest Revenue (FY2022)
+4.7%
Revenue CAGR (3yr)
-4.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $114M | $119M | $125M | +5.6% | +4.7% |
| Operating Expenses | $123M | $135M | $131M | -2.6% | +3.3% |
| Operating Margin | -7.4% | -13.4% | -4.6% | +65.9% | +0.0% |
| Net Income | $-8M | $-16M | $-6M | +64.0% | +0.0% |
| Licensed Beds | 174 | 182 | 182 | +0.0% | +2.3% |
| Total Patient Days | 27,313 | 27,293 | 22,793 | -16.5% | -8.6% |
| Medicare Day % | 43% | 40% | 34% | -15.6% | -11.6% |
| Medicaid Day % | 14% | 7% | 9% | +33.8% | -20.2% |
COVID Impact & Recovery
Resilience Score: 64/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +9.7% ($114M → $125M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+4.7%
This Hospital
+7.6%
State Avg
Latest Margin
-4.6%
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) | $131M | -3.1% |
| FY2024 (proj) | $136M | -1.7% |
| FY2025 (proj) | $142M | -0.3% |