CAROLINAEAST MEDICAL CENTER — History
CCN 340131 | 3-year financial timeline | COVID resilience: 50/100
🛡️ Public data only — no PHI permitted on this instance.
$365M
Latest Revenue (FY2022)
-6.5%
Revenue CAGR (3yr)
-2.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $418M | $467M | $365M | -21.9% | -6.5% |
| Operating Expenses | $432M | $475M | $376M | -20.9% | -6.7% |
| Operating Margin | -3.3% | -1.7% | -2.9% | -77.0% | +0.0% |
| Net Income | $-14M | $-8M | $-11M | -38.3% | +0.0% |
| Licensed Beds | 276 | 289 | 312 | +8.0% | +6.3% |
| Total Patient Days | 62,612 | 67,072 | 48,279 | -28.0% | -12.2% |
| Medicare Day % | 47% | 45% | 40% | -9.8% | -7.0% |
| Medicaid Day % | 10% | 8% | 4% | -56.4% | -39.9% |
COVID Impact & Recovery
Resilience Score: 50/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: -12.6% ($418M → $365M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-6.5%
This Hospital
+7.6%
State Avg
Latest Margin
-2.9%
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) | $339M | -2.7% |
| FY2024 (proj) | $312M | -2.6% |
| FY2025 (proj) | $286M | -2.4% |