SALEM HOSPITAL — History
CCN 380051 | 3-year financial timeline | COVID resilience: 48/100
🛡️ Public data only — no PHI permitted on this instance.
$843M
Latest Revenue (FY2022)
+3.9%
Revenue CAGR (3yr)
-26.2%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $780M | $837M | $843M | +0.7% | +3.9% |
| Operating Expenses | $888M | $1.0B | $1.1B | +5.4% | +9.5% |
| Operating Margin | -13.8% | -20.6% | -26.2% | -27.2% | +0.0% |
| Net Income | $-107M | $-172M | $-221M | -28.1% | +0.0% |
| Licensed Beds | 453 | 453 | 520 | +14.8% | +7.1% |
| Total Patient Days | 122,649 | 134,568 | 118,408 | -12.0% | -1.7% |
| Medicare Day % | 20% | 20% | 21% | +5.8% | +0.6% |
| Medicaid Day % | 7% | 7% | 7% | -3.5% | -0.5% |
COVID Impact & Recovery
Resilience Score: 48/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +8.0% ($780M → $843M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▲ Growing
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+3.9%
This Hospital
+7.6%
State Avg
Latest Margin
-26.2%
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) | $874M | -32.4% |
| FY2024 (proj) | $905M | -38.6% |
| FY2025 (proj) | $937M | -44.8% |