HIGHSMITH RAINEY MEMORIAL HOSPITAL — History
CCN 342014 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$32M
Latest Revenue (FY2022)
+21.3%
Revenue CAGR (3yr)
-33.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $22M | $31M | $32M | +4.2% | +21.3% |
| Operating Expenses | $39M | $41M | $43M | +6.2% | +5.5% |
| Operating Margin | -77.3% | -31.5% | -33.9% | -7.9% | +0.0% |
| Net Income | $-17M | $-10M | $-11M | -12.4% | +0.0% |
| Licensed Beds | 66 | 66 | 66 | +0.0% | +0.0% |
| Total Patient Days | 22,658 | 20,202 | 19,189 | -5.0% | -8.0% |
| Medicare Day % | 20% | 18% | 11% | -41.9% | -26.5% |
| Medicaid Day % | 32% | 28% | 13% | -54.2% | -36.1% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +47.3% ($22M → $32M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+21.3%
This Hospital
+7.6%
State Avg
Latest Margin
-33.9%
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) | $37M | -12.2% |
| FY2024 (proj) | $42M | 9.5% |
| FY2025 (proj) | $48M | 31.1% |