PARKSIDE HOSPITAL INC. — History
CCN 374021 | 3-year financial timeline | COVID resilience: 40/100
🛡️ Public data only — no PHI permitted on this instance.
$12M
Latest Revenue (FY2022)
+2.1%
Revenue CAGR (3yr)
-73.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $11M | $12M | $12M | +2.3% | +2.1% |
| Operating Expenses | $18M | $19M | $21M | +10.6% | +5.8% |
| Operating Margin | -61.8% | -60.8% | -73.8% | -21.5% | +0.0% |
| Net Income | $-7M | $-7M | $-9M | -24.2% | +0.0% |
| Licensed Beds | 113 | 120 | 120 | +0.0% | +3.1% |
| Total Patient Days | 22,464 | 22,464 | 19,573 | -12.9% | -6.7% |
| Medicare Day % | 4% | 2% | 2% | +11.5% | -30.9% |
| Medicaid Day % | 64% | 68% | 71% | +4.2% | +4.6% |
COVID Impact & Recovery
Resilience Score: 40/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +4.3% ($11M → $12M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+2.1%
This Hospital
+7.6%
State Avg
Latest Margin
-73.8%
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) | $12M | -79.8% |
| FY2024 (proj) | $12M | -85.8% |
| FY2025 (proj) | $13M | -91.8% |