MORROW COUNTY HOSPITAL — History
CCN 361313 | 3-year financial timeline | COVID resilience: 83/100
🛡️ Public data only — no PHI permitted on this instance.
$24M
Latest Revenue (FY2022)
+21.8%
Revenue CAGR (3yr)
20.4%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $16M | $22M | $24M | +7.4% | +21.8% |
| Operating Expenses | $21M | $14M | $19M | +33.7% | -4.8% |
| Operating Margin | -30.4% | 36.0% | 20.4% | -43.4% | +0.0% |
| Net Income | $-5M | $8M | $5M | -39.2% | +0.0% |
| Licensed Beds | 23 | 23 | 23 | +0.0% | +0.0% |
| Total Patient Days | 774 | 1,104 | 760 | -31.2% | -0.9% |
| Medicare Day % | 63% | 37% | 44% | +16.8% | -16.5% |
| Medicaid Day % | 1% | 0% | 1% | +226.8% | +14.4% |
COVID Impact & Recovery
Resilience Score: 83/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +48.4% ($16M → $24M)
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
+21.8%
This Hospital
+7.6%
State Avg
Latest Margin
20.4%
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) | $28M | 45.8% |
| FY2024 (proj) | $32M | 71.2% |
| FY2025 (proj) | $35M | 96.6% |