HARMON MEMORIAL HOSPITAL — History
CCN 371338 | 3-year financial timeline | COVID resilience: 79/100
🛡️ Public data only — no PHI permitted on this instance.
$6M
Latest Revenue (FY2022)
+9.4%
Revenue CAGR (3yr)
-8.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $5M | $5M | $6M | +23.4% | +9.4% |
| Operating Expenses | $7M | $7M | $7M | -6.5% | +0.6% |
| Operating Margin | -28.5% | -43.3% | -8.6% | +80.2% | +0.0% |
| Net Income | $-2M | $-2M | $-1M | +75.5% | +0.0% |
| Licensed Beds | 22 | 22 | 22 | +0.0% | +0.0% |
| Total Patient Days | 1,812 | 1,421 | 1,731 | +21.8% | -2.3% |
| Medicare Day % | 92% | 65% | 75% | +15.0% | -9.9% |
| Medicaid Day % | 1% | 3% | 2% | -37.1% | +85.1% |
COVID Impact & Recovery
Resilience Score: 79/100 — Resilient — strong COVID recovery
Revenue recovery from FY2020 to FY2022: +19.7% ($5M → $6M)
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
+9.4%
This Hospital
+7.6%
State Avg
Latest Margin
-8.6%
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) | $7M | 1.4% |
| FY2024 (proj) | $7M | 11.4% |
| FY2025 (proj) | $8M | 21.4% |