SUMMIT MEDICAL CENTER — History
CCN 370225 | 3-year financial timeline | COVID resilience: 70/100
🛡️ Public data only — no PHI permitted on this instance.
$36M
Latest Revenue (FY2022)
+3.0%
Revenue CAGR (3yr)
-0.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $34M | $35M | $36M | +2.7% | +3.0% |
| Operating Expenses | $39M | $36M | $36M | +0.6% | -3.1% |
| Operating Margin | -13.5% | -2.4% | -0.3% | +86.0% | +0.0% |
| Net Income | $-5M | $-1M | $-0M | +85.6% | +0.0% |
| Licensed Beds | 9 | 9 | 9 | +0.0% | +0.0% |
| Total Patient Days | 1,212 | 1,172 | 1,245 | +6.2% | +1.4% |
| Medicare Day % | 14% | 6% | 5% | -24.4% | -40.0% |
| Medicaid Day % | 1% | 1% | 0% | -76.5% | -50.7% |
COVID Impact & Recovery
Resilience Score: 70/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +6.2% ($34M → $36M)
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
+3.0%
This Hospital
+7.6%
State Avg
Latest Margin
-0.3%
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) | $37M | 6.2% |
| FY2024 (proj) | $38M | 12.8% |
| FY2025 (proj) | $39M | 19.3% |