LAKE HEALTH DISTRICT — History
CCN 381309 | 3-year financial timeline | COVID resilience: 46/100
🛡️ Public data only — no PHI permitted on this instance.
$37M
Latest Revenue (FY2022)
+1.0%
Revenue CAGR (3yr)
-19.9%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $36M | $35M | $37M | +5.7% | +1.0% |
| Operating Expenses | $42M | $45M | $44M | -0.7% | +2.1% |
| Operating Margin | -17.2% | -27.7% | -19.9% | +28.1% | +0.0% |
| Net Income | $-6M | $-10M | $-7M | +24.0% | +0.0% |
| Licensed Beds | 24 | 24 | 24 | +0.0% | +0.0% |
| Total Patient Days | 3,623 | 3,712 | 3,444 | -7.2% | -2.5% |
| Medicare Day % | 61% | 61% | 64% | +4.2% | +1.7% |
| Medicaid Day % | 6% | 7% | 12% | +84.8% | +39.5% |
COVID Impact & Recovery
Resilience Score: 46/100 — Stressed — slow recovery from COVID
Revenue recovery from FY2020 to FY2022: +2.0% ($36M → $37M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▶ Stable
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+1.0%
This Hospital
+7.6%
State Avg
Latest Margin
-19.9%
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) | $37M | -21.2% |
| FY2024 (proj) | $38M | -22.6% |
| FY2025 (proj) | $38M | -23.9% |