BAILEY MEDICAL CENTER — History
CCN 370228 | 3-year financial timeline | COVID resilience: 24/100
🛡️ Public data only — no PHI permitted on this instance.
$55M
Latest Revenue (FY2022)
-4.1%
Revenue CAGR (3yr)
13.3%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $59M | $58M | $55M | -5.2% | -4.1% |
| Operating Expenses | $50M | $45M | $47M | +5.0% | -2.9% |
| Operating Margin | 15.4% | 21.7% | 13.3% | -38.8% | -7.2% |
| Net Income | $9M | $13M | $7M | -41.9% | -10.9% |
| Licensed Beds | 73 | 73 | 33 | -54.8% | -32.8% |
| Total Patient Days | 3,544 | 3,398 | 2,970 | -12.6% | -8.5% |
| Medicare Day % | 17% | 14% | 13% | -8.4% | -13.3% |
| Medicaid Day % | 10% | 14% | 24% | +75.3% | +51.7% |
COVID Impact & Recovery
Resilience Score: 24/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -8.0% ($59M → $55M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-4.1%
This Hospital
+7.6%
State Avg
Latest Margin
13.3%
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) | $52M | 12.2% |
| FY2024 (proj) | $50M | 11.2% |
| FY2025 (proj) | $48M | 10.1% |