GRIFFIN MEMORIAL HOSPITAL — History
CCN 374000 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$7M
Latest Revenue (FY2022)
+44.8%
Revenue CAGR (3yr)
-100.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $3M | $7M | $7M | +4.9% | +44.8% |
| Operating Expenses | $29M | $30M | $33M | +8.5% | +6.4% |
| Operating Margin | -100.0% | -100.0% | -100.0% | +0.0% | +0.0% |
| Net Income | $-26M | $-23M | $-26M | -9.5% | +0.0% |
| Licensed Beds | 120 | 120 | 120 | +0.0% | +0.0% |
| Total Patient Days | 42,433 | 41,075 | 37,961 | -7.6% | -5.4% |
| Medicare Day % | 3% | 2% | 4% | +83.3% | +13.2% |
| Medicaid Day % | 16% | 32% | 58% | +77.6% | +92.3% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +109.7% ($3M → $7M)
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▼ Declining
vs State Average ()
Revenue Growth
+44.8%
This Hospital
+7.6%
State Avg
Latest Margin
-100.0%
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) | $9M | -100.0% |
| FY2024 (proj) | $11M | -100.0% |
| FY2025 (proj) | $13M | -100.0% |