TRUMBULL MEMORIAL HOSPITAL — History
CCN 360055 | 3-year financial timeline | COVID resilience: 73/100
🛡️ Public data only — no PHI permitted on this instance.
$144M
Latest Revenue (FY2022)
+6.1%
Revenue CAGR (3yr)
1.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $128M | $138M | $144M | +4.4% | +6.1% |
| Operating Expenses | $147M | $153M | $142M | -7.4% | -1.8% |
| Operating Margin | -15.2% | -11.1% | 1.4% | +112.4% | +0.0% |
| Net Income | $-19M | $-15M | $2M | +113.0% | +0.0% |
| Licensed Beds | 202 | 197 | 197 | +0.0% | -1.2% |
| Total Patient Days | 34,438 | 35,663 | 32,385 | -9.2% | -3.0% |
| Medicare Day % | 22% | 23% | 23% | +1.2% | +2.3% |
| Medicaid Day % | 5% | 4% | 6% | +39.5% | +13.0% |
COVID Impact & Recovery
Resilience Score: 73/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +12.6% ($128M → $144M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+6.1%
This Hospital
+7.6%
State Avg
Latest Margin
1.4%
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) | $152M | 9.7% |
| FY2024 (proj) | $160M | 18.0% |
| FY2025 (proj) | $168M | 26.3% |