SKY LAKES MEDICAL CENTER — History
CCN 380050 | 3-year financial timeline | COVID resilience: 66/100
🛡️ Public data only — no PHI permitted on this instance.
$251M
Latest Revenue (FY2022)
+10.1%
Revenue CAGR (3yr)
-20.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $208M | $233M | $251M | +7.7% | +10.1% |
| Operating Expenses | $254M | $270M | $304M | +12.6% | +9.4% |
| Operating Margin | -22.4% | -15.6% | -20.9% | -33.9% | +0.0% |
| Net Income | $-47M | $-37M | $-53M | -44.2% | +0.0% |
| Licensed Beds | 90 | 90 | 90 | +0.0% | +0.0% |
| Total Patient Days | 14,842 | 18,530 | 22,733 | +22.7% | +23.8% |
| Medicare Day % | 35% | 36% | 37% | +2.1% | +3.0% |
| Medicaid Day % | 31% | 26% | 27% | +3.8% | -6.6% |
COVID Impact & Recovery
Resilience Score: 66/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +21.1% ($208M → $251M)
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
+10.1%
This Hospital
+7.6%
State Avg
Latest Margin
-20.9%
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) | $273M | -20.2% |
| FY2024 (proj) | $295M | -19.5% |
| FY2025 (proj) | $317M | -18.7% |