SHELBY MEMORIAL HOSPITAL — History
CCN 361324 | 3-year financial timeline | COVID resilience: 39/100
🛡️ Public data only — no PHI permitted on this instance.
$40M
Latest Revenue (FY2022)
+3.9%
Revenue CAGR (3yr)
13.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $37M | $42M | $40M | -3.7% | +3.9% |
| Operating Expenses | $32M | $35M | $35M | -0.9% | +4.7% |
| Operating Margin | 14.4% | 15.5% | 13.0% | -15.8% | -4.8% |
| Net Income | $5M | $6M | $5M | -18.9% | -1.1% |
| Licensed Beds | 25 | 25 | 20 | -20.0% | -10.6% |
| Total Patient Days | 4,414 | 4,953 | 4,653 | -6.1% | +2.7% |
| Medicare Day % | 46% | 46% | 45% | -2.5% | -1.4% |
| Medicaid Day % | 3% | 1% | 1% | +3.1% | -32.8% |
COVID Impact & Recovery
Resilience Score: 39/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +7.9% ($37M → $40M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+3.9%
This Hospital
+7.6%
State Avg
Latest Margin
13.0%
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) | $42M | 12.4% |
| FY2024 (proj) | $43M | 11.7% |
| FY2025 (proj) | $45M | 11.0% |