CHOWAN HOSPITAL INC. — History
CCN 341318 | 3-year financial timeline | COVID resilience: 43/100
🛡️ Public data only — no PHI permitted on this instance.
$62M
Latest Revenue (FY2022)
+4.2%
Revenue CAGR (3yr)
10.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $57M | $65M | $62M | -4.6% | +4.2% |
| Operating Expenses | $47M | $50M | $55M | +9.4% | +8.8% |
| Operating Margin | 17.8% | 21.8% | 10.4% | -52.5% | -23.7% |
| Net Income | $10M | $14M | $6M | -54.7% | -20.5% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 5,464 | 6,068 | 6,226 | +2.6% | +6.7% |
| Medicare Day % | 41% | 40% | 40% | -1.3% | -1.6% |
| Medicaid Day % | 20% | 15% | 8% | -45.4% | -36.7% |
COVID Impact & Recovery
Resilience Score: 43/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +8.6% ($57M → $62M)
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
+4.2%
This Hospital
+7.6%
State Avg
Latest Margin
10.4%
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) | $64M | 6.7% |
| FY2024 (proj) | $66M | 2.9% |
| FY2025 (proj) | $69M | -0.8% |