CHARLES A. CANNON MEMORIAL HOSPITAL — History
CCN 341323 | 3-year financial timeline | COVID resilience: 84/100
🛡️ Public data only — no PHI permitted on this instance.
$20M
Latest Revenue (FY2022)
+8.5%
Revenue CAGR (3yr)
-22.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $17M | $21M | $20M | -4.5% | +8.5% |
| Operating Expenses | $23M | $26M | $25M | -4.0% | +3.5% |
| Operating Margin | -34.8% | -22.0% | -22.6% | -2.8% | +0.0% |
| Net Income | $-6M | $-5M | $-5M | +1.8% | +0.0% |
| Licensed Beds | 21 | 21 | 23 | +9.5% | +4.7% |
| Total Patient Days | 1,350 | 1,400 | 1,437 | +2.6% | +3.2% |
| Medicare Day % | 52% | 54% | 55% | +0.5% | +2.9% |
| Medicaid Day % | 8% | 4% | 3% | -33.2% | -43.8% |
COVID Impact & Recovery
Resilience Score: 84/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +17.7% ($17M → $20M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▲ Growing
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+8.5%
This Hospital
+7.6%
State Avg
Latest Margin
-22.6%
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) | $22M | -16.5% |
| FY2024 (proj) | $23M | -10.4% |
| FY2025 (proj) | $25M | -4.3% |