SPRINGFIELD REGIONAL MEDICAL CENTER — History
CCN 360086 | 3-year financial timeline | COVID resilience: 39/100
🛡️ Public data only — no PHI permitted on this instance.
$288M
Latest Revenue (FY2022)
+3.9%
Revenue CAGR (3yr)
-5.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $266M | $298M | $288M | -3.6% | +3.9% |
| Operating Expenses | $255M | $284M | $303M | +6.6% | +9.0% |
| Operating Margin | 4.4% | 4.7% | -5.3% | -213.8% | +0.0% |
| Net Income | $12M | $14M | $-15M | -209.7% | +0.0% |
| Licensed Beds | 230 | 230 | 230 | +0.0% | +0.0% |
| Total Patient Days | 53,793 | 60,013 | 62,626 | +4.4% | +7.9% |
| Medicare Day % | 24% | 21% | 21% | -2.3% | -6.7% |
| Medicaid Day % | 3% | 3% | 4% | +32.4% | +13.7% |
COVID Impact & Recovery
Resilience Score: 39/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +7.9% ($266M → $288M)
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
+3.9%
This Hospital
+7.6%
State Avg
Latest Margin
-5.3%
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) | $298M | -10.2% |
| FY2024 (proj) | $309M | -15.1% |
| FY2025 (proj) | $319M | -19.9% |