BERTIE MEMORIAL HOSPITAL — History
CCN 341304 | 3-year financial timeline | COVID resilience: 32/100
🛡️ Public data only — no PHI permitted on this instance.
$20M
Latest Revenue (FY2022)
-1.0%
Revenue CAGR (3yr)
-3.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $20M | $22M | $20M | -12.7% | -1.0% |
| Operating Expenses | $18M | $19M | $20M | +5.4% | +6.0% |
| Operating Margin | 9.6% | 14.3% | -3.4% | -123.9% | +0.0% |
| Net Income | $2M | $3M | $-1M | -120.9% | +0.0% |
| Licensed Beds | 6 | 6 | 6 | +0.0% | +0.0% |
| Total Patient Days | 1,340 | 1,147 | 1,095 | -4.5% | -9.6% |
| Medicare Day % | 62% | 56% | 57% | +1.7% | -3.6% |
| Medicaid Day % | 4% | 6% | 2% | -63.1% | -28.6% |
COVID Impact & Recovery
Resilience Score: 32/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -1.9% ($20M → $20M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-1.0%
This Hospital
+7.6%
State Avg
Latest Margin
-3.4%
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) | $19M | -10.0% |
| FY2024 (proj) | $19M | -16.5% |
| FY2025 (proj) | $19M | -23.0% |