CARRINGTON HEALTH CENTER — History
CCN 351318 | 3-year financial timeline | COVID resilience: 29/100
🛡️ Public data only — no PHI permitted on this instance.
$13M
Latest Revenue (FY2022)
-3.0%
Revenue CAGR (3yr)
-7.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $14M | $12M | $13M | +2.6% | -3.0% |
| Operating Expenses | $13M | $14M | $14M | -1.3% | +2.0% |
| Operating Margin | 2.9% | -11.6% | -7.4% | +36.3% | +0.0% |
| Net Income | $0M | $-1M | $-1M | +34.6% | +0.0% |
| Licensed Beds | 25 | 25 | 25 | +0.0% | +0.0% |
| Total Patient Days | 1,065 | 941 | 856 | -9.0% | -10.3% |
| Medicare Day % | 81% | 82% | 85% | +3.1% | +2.3% |
| Medicaid Day % | 0% | 1% | 0% | -80.0% | -21.1% |
COVID Impact & Recovery
Resilience Score: 29/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -6.0% ($14M → $13M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
-3.0%
This Hospital
+7.6%
State Avg
Latest Margin
-7.4%
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) | $12M | -12.6% |
| FY2024 (proj) | $12M | -17.7% |
| FY2025 (proj) | $12M | -22.9% |