SALEM COMMUNITY HOSPITAL — History
CCN 360185 | 3-year financial timeline | COVID resilience: 26/100
🛡️ Public data only — no PHI permitted on this instance.
$107M
Latest Revenue (FY2022)
-5.0%
Revenue CAGR (3yr)
-15.7%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $118M | $122M | $107M | -12.4% | -5.0% |
| Operating Expenses | $117M | $127M | $124M | -2.5% | +2.8% |
| Operating Margin | 1.0% | -4.0% | -15.7% | -298.1% | +0.0% |
| Net Income | $1M | $-5M | $-17M | -248.7% | +0.0% |
| Licensed Beds | 87 | 87 | 87 | +0.0% | +0.0% |
| Total Patient Days | 13,500 | 11,635 | 9,378 | -19.4% | -16.7% |
| Medicare Day % | 29% | 26% | 27% | +4.1% | -4.9% |
| Medicaid Day % | 2% | 2% | 3% | +62.0% | +36.3% |
COVID Impact & Recovery
Resilience Score: 26/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -9.7% ($118M → $107M)
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
-5.0%
This Hospital
+7.6%
State Avg
Latest Margin
-15.7%
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) | $101M | -24.1% |
| FY2024 (proj) | $95M | -32.5% |
| FY2025 (proj) | $90M | -40.9% |