WAYNE HOSPITAL COMPANY — History
CCN 360044 | 3-year financial timeline | COVID resilience: 18/100
🛡️ Public data only — no PHI permitted on this instance.
$59M
Latest Revenue (FY2022)
+1.4%
Revenue CAGR (3yr)
-23.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $58M | $70M | $59M | -15.5% | +1.4% |
| Operating Expenses | $64M | $69M | $73M | +5.7% | +6.7% |
| Operating Margin | -10.9% | 1.6% | -23.0% | -1539.2% | +0.0% |
| Net Income | $-6M | $1M | $-14M | -1316.6% | +0.0% |
| Licensed Beds | 1,594,784 | 40 | 43 | +7.5% | -99.5% |
| Total Patient Days | 3,819 | 4,848 | 3,721 | -23.2% | -1.3% |
| Medicare Day % | 36% | 38% | 33% | -10.9% | -3.1% |
| Medicaid Day % | 1% | 2% | 4% | +55.4% | +56.5% |
COVID Impact & Recovery
Resilience Score: 18/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +2.7% ($58M → $59M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+1.4%
This Hospital
+7.6%
State Avg
Latest Margin
-23.0%
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) | $60M | -29.1% |
| FY2024 (proj) | $61M | -35.1% |
| FY2025 (proj) | $61M | -41.2% |