CAROLINAS REHABILITATION — History
CCN 343026 | 3-year financial timeline | COVID resilience: 49/100
🛡️ Public data only — no PHI permitted on this instance.
$103M
Latest Revenue (FY2022)
+6.6%
Revenue CAGR (3yr)
-8.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $91M | $100M | $103M | +3.3% | +6.6% |
| Operating Expenses | $93M | $104M | $112M | +7.7% | +9.6% |
| Operating Margin | -2.1% | -3.6% | -8.0% | -123.0% | +0.0% |
| Net Income | $-2M | $-4M | $-8M | -130.3% | +0.0% |
| Licensed Beds | 150 | 150 | 150 | +0.0% | +0.0% |
| Total Patient Days | 40,618 | 40,321 | 42,422 | +5.2% | +2.2% |
| Medicare Day % | 39% | 41% | 36% | -13.1% | -3.8% |
| Medicaid Day % | 15% | 10% | 6% | -42.3% | -38.3% |
COVID Impact & Recovery
Resilience Score: 49/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +13.7% ($91M → $103M)
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
+6.6%
This Hospital
+7.6%
State Avg
Latest Margin
-8.0%
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) | $110M | -10.9% |
| FY2024 (proj) | $116M | -13.9% |
| FY2025 (proj) | $122M | -16.8% |