ALAMANCE REGIONAL MEDICAL CENTER — History
CCN 340070 | 3-year financial timeline | COVID resilience: 29/100
🛡️ Public data only — no PHI permitted on this instance.
$286M
Latest Revenue (FY2022)
-2.9%
Revenue CAGR (3yr)
4.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $304M | $279M | $286M | +2.5% | -2.9% |
| Operating Expenses | $218M | $236M | $272M | +15.4% | +11.8% |
| Operating Margin | 28.2% | 15.5% | 4.8% | -68.9% | -58.7% |
| Net Income | $85M | $43M | $14M | -68.2% | -59.9% |
| Licensed Beds | 176 | 176 | 176 | +0.0% | +0.0% |
| Total Patient Days | 40,250 | 45,953 | 48,852 | +6.3% | +10.2% |
| Medicare Day % | 23% | 21% | 19% | -11.1% | -9.8% |
| Medicaid Day % | 18% | 14% | 5% | -65.7% | -48.8% |
COVID Impact & Recovery
Resilience Score: 29/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -5.7% ($304M → $286M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-2.9%
This Hospital
+7.6%
State Avg
Latest Margin
4.8%
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) | $278M | -6.9% |
| FY2024 (proj) | $269M | -18.5% |
| FY2025 (proj) | $260M | -30.2% |