GARRISON MEMORIAL HOSPITAL — History
CCN 351303 | 3-year financial timeline | COVID resilience: 35/100
🛡️ Public data only — no PHI permitted on this instance.
$10M
Latest Revenue (FY2022)
-6.4%
Revenue CAGR (3yr)
-20.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $12M | $11M | $10M | -5.2% | -6.4% |
| Operating Expenses | $13M | $9M | $12M | +34.8% | -5.0% |
| Operating Margin | -16.7% | 15.3% | -20.5% | -233.5% | +0.0% |
| Net Income | $-2M | $2M | $-2M | -226.6% | +0.0% |
| Licensed Beds | 22 | 22 | 22 | +0.0% | +0.0% |
| Total Patient Days | 3,943 | 2,646 | 886 | -66.5% | -52.6% |
| Medicare Day % | 44% | 36% | 43% | +19.1% | -0.7% |
| Medicaid Day % | nan% | nan% | nan% | +nan% | +nan% |
COVID Impact & Recovery
Resilience Score: 35/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -12.5% ($12M → $10M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-6.4%
This Hospital
+7.6%
State Avg
Latest Margin
-20.5%
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) | $9M | -22.3% |
| FY2024 (proj) | $9M | -24.2% |
| FY2025 (proj) | $8M | -26.0% |