TRIANGLE SPRINGS — History
CCN 344032 | 3-year financial timeline | COVID resilience: 47/100
🛡️ Public data only — no PHI permitted on this instance.
$24M
Latest Revenue (FY2022)
+10.4%
Revenue CAGR (3yr)
-3.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $20M | $20M | $24M | +20.2% | +10.4% |
| Operating Expenses | $18M | $20M | $25M | +23.0% | +18.8% |
| Operating Margin | 10.4% | -1.3% | -3.7% | -178.5% | +0.0% |
| Net Income | $2M | $-0M | $-1M | -234.8% | +0.0% |
| Licensed Beds | 77 | 77 | 77 | +0.0% | +0.0% |
| Total Patient Days | 22,844 | 21,383 | 23,950 | +12.0% | +2.4% |
| Medicare Day % | 18% | 14% | 12% | -12.7% | -18.6% |
| Medicaid Day % | 0% | 0% | 0% | -50.2% | +23.5% |
COVID Impact & Recovery
Resilience Score: 47/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +21.9% ($20M → $24M)
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
+10.4%
This Hospital
+7.6%
State Avg
Latest Margin
-3.7%
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) | $26M | -10.7% |
| FY2024 (proj) | $29M | -17.8% |
| FY2025 (proj) | $31M | -24.8% |