ASSURANCE HEALTH - CINCINNATI — History
CCN 364056 | 3-year financial timeline | COVID resilience: 34/100
🛡️ Public data only — no PHI permitted on this instance.
$7M
Latest Revenue (FY2022)
-7.5%
Revenue CAGR (3yr)
-16.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $8M | $7M | $7M | -7.4% | -7.5% |
| Operating Expenses | $10M | $7M | $8M | +16.8% | -9.9% |
| Operating Margin | -22.4% | 8.0% | -16.2% | -303.4% | +0.0% |
| Net Income | $-2M | $1M | $-1M | -288.3% | +0.0% |
| Licensed Beds | 42 | 42 | 28 | -33.3% | -18.4% |
| Total Patient Days | 9,436 | 6,873 | 7,150 | +4.0% | -13.0% |
| Medicare Day % | 63% | 54% | 53% | -1.6% | -8.1% |
| Medicaid Day % | 0% | 2% | 2% | +14.4% | +101.2% |
COVID Impact & Recovery
Resilience Score: 34/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -14.5% ($8M → $7M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-7.5%
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) | $6M | -13.1% |
| FY2024 (proj) | $6M | -9.9% |
| FY2025 (proj) | $5M | -6.8% |