CHERRY HOSPITAL — History
CCN 344026 | 3-year financial timeline | COVID resilience: 41/100
🛡️ Public data only — no PHI permitted on this instance.
$5M
Latest Revenue (FY2022)
-6.5%
Revenue CAGR (3yr)
-100.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $6M | $6M | $5M | -17.8% | -6.5% |
| Operating Expenses | $59M | $59M | $66M | +12.2% | +6.1% |
| Operating Margin | -100.0% | -100.0% | -100.0% | +0.0% | +0.0% |
| Net Income | $-53M | $-53M | $-61M | -15.6% | +0.0% |
| Licensed Beds | 314 | 314 | 314 | +0.0% | +0.0% |
| Total Patient Days | 70,770 | 62,202 | 58,145 | -6.5% | -9.4% |
| Medicare Day % | 5% | 5% | 2% | -56.8% | -32.7% |
| Medicaid Day % | 9% | 10% | 11% | +11.7% | +7.9% |
COVID Impact & Recovery
Resilience Score: 41/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: -12.5% ($6M → $5M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-6.5%
This Hospital
+7.6%
State Avg
Latest Margin
-100.0%
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) | $5M | -100.0% |
| FY2024 (proj) | $4M | -100.0% |
| FY2025 (proj) | $4M | -100.0% |