PITT COUNTY MEMORIAL HOSPITAL — History
CCN 340040 | 3-year financial timeline | COVID resilience: 78/100
🛡️ Public data only — no PHI permitted on this instance.
$1.4B
Latest Revenue (FY2022)
+9.5%
Revenue CAGR (3yr)
-3.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $1.1B | $1.2B | $1.4B | +11.4% | +9.5% |
| Operating Expenses | $1.2B | $1.2B | $1.4B | +16.0% | +8.9% |
| Operating Margin | -4.0% | 1.1% | -3.0% | -369.3% | +0.0% |
| Net Income | $-46M | $14M | $-41M | -399.8% | +0.0% |
| Licensed Beds | 847 | 847 | 1,013 | +19.6% | +9.4% |
| Total Patient Days | 232,381 | 223,444 | 239,580 | +7.2% | +1.5% |
| Medicare Day % | 34% | 28% | 28% | -2.3% | -9.6% |
| Medicaid Day % | 25% | 21% | 7% | -66.9% | -46.4% |
COVID Impact & Recovery
Resilience Score: 78/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +19.9% ($1.1B → $1.4B)
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
+9.5%
This Hospital
+7.6%
State Avg
Latest Margin
-3.0%
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) | $1.5B | -2.5% |
| FY2024 (proj) | $1.6B | -2.0% |
| FY2025 (proj) | $1.7B | -1.4% |