GASTON MEMORIAL HOSPITAL — History
CCN 340032 | 3-year financial timeline | COVID resilience: 57/100
🛡️ Public data only — no PHI permitted on this instance.
$642M
Latest Revenue (FY2022)
+6.8%
Revenue CAGR (3yr)
7.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $563M | $619M | $642M | +3.6% | +6.8% |
| Operating Expenses | $500M | $574M | $597M | +4.0% | +9.3% |
| Operating Margin | 11.1% | 7.3% | 7.0% | -4.4% | -20.9% |
| Net Income | $63M | $45M | $45M | -0.9% | -15.5% |
| Licensed Beds | 393 | 396 | 424 | +7.1% | +3.9% |
| Total Patient Days | 118,898 | 125,002 | 125,930 | +0.7% | +2.9% |
| Medicare Day % | 26% | 23% | 21% | -9.3% | -10.5% |
| Medicaid Day % | 14% | 6% | 5% | -12.7% | -40.0% |
COVID Impact & Recovery
Resilience Score: 57/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +14.1% ($563M → $642M)
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
+6.8%
This Hospital
+7.6%
State Avg
Latest Margin
7.0%
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) | $681M | 4.9% |
| FY2024 (proj) | $721M | 2.8% |
| FY2025 (proj) | $761M | 0.7% |