LAKE HEALTH BEACHWOOD MEDICAL CENTER — History
CCN 360367 | 3-year financial timeline | COVID resilience: 76/100
🛡️ Public data only — no PHI permitted on this instance.
$49M
Latest Revenue (FY2022)
+18.9%
Revenue CAGR (3yr)
-16.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $35M | $48M | $49M | +2.5% | +18.9% |
| Operating Expenses | $43M | $50M | $57M | +15.0% | +15.8% |
| Operating Margin | -22.3% | -3.5% | -16.2% | -359.2% | +0.0% |
| Net Income | $-8M | $-2M | $-8M | -370.6% | +0.0% |
| Licensed Beds | 24 | 24 | 24 | +0.0% | +0.0% |
| Total Patient Days | 911 | 734 | 757 | +3.1% | -8.8% |
| Medicare Day % | 37% | 35% | 28% | -20.2% | -12.1% |
| Medicaid Day % | 0% | 1% | 3% | +457.5% | +163.1% |
COVID Impact & Recovery
Resilience Score: 76/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +41.3% ($35M → $49M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▲ Growing
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+18.9%
This Hospital
+7.6%
State Avg
Latest Margin
-16.2%
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) | $56M | -13.1% |
| FY2024 (proj) | $64M | -10.0% |
| FY2025 (proj) | $71M | -6.9% |