NEW HANOVER REGIONAL MEDICAL CENTER — History
CCN 340141 | 3-year financial timeline | COVID resilience: 41/100
🛡️ Public data only — no PHI permitted on this instance.
$1.2B
Latest Revenue (FY2022)
+4.9%
Revenue CAGR (3yr)
-19.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $1.1B | $390M | $1.2B | +214.0% | +4.9% |
| Operating Expenses | $1.1B | $426M | $1.5B | +243.3% | +14.2% |
| Operating Margin | -0.8% | -9.2% | -19.4% | -110.8% | +0.0% |
| Net Income | $-9M | $-36M | $-237M | -561.9% | +0.0% |
| Licensed Beds | 684 | 684 | 694 | +1.5% | +0.7% |
| Total Patient Days | 185,912 | 68,179 | 203,113 | +197.9% | +4.5% |
| Medicare Day % | 36% | 34% | 28% | -17.4% | -11.6% |
| Medicaid Day % | 19% | 17% | 6% | -66.4% | -44.7% |
COVID Impact & Recovery
Resilience Score: 41/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +10.0% ($1.1B → $1.2B)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+4.9%
This Hospital
+7.6%
State Avg
Latest Margin
-19.4%
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) | $1.3B | -28.7% |
| FY2024 (proj) | $1.3B | -38.0% |
| FY2025 (proj) | $1.4B | -47.2% |