WAYNE MEMORIAL HOSPITAL — History
CCN 390125 | 3-year financial timeline | COVID resilience: 29/100
🛡️ Public data only — no PHI permitted on this instance.
$104M
Latest Revenue (FY2022)
-2.8%
Revenue CAGR (3yr)
-14.1%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $110M | $107M | $104M | -2.9% | -2.8% |
| Operating Expenses | $105M | $119M | $118M | -0.5% | +6.3% |
| Operating Margin | 4.7% | -11.4% | -14.1% | -24.2% | +0.0% |
| Net Income | $5M | $-12M | $-15M | -20.7% | +0.0% |
| Licensed Beds | 92 | 92 | 92 | +0.0% | +0.0% |
| Total Patient Days | 12,430 | 13,512 | 12,915 | -4.4% | +1.9% |
| Medicare Day % | 14% | 14% | 12% | -10.4% | -6.5% |
| Medicaid Day % | 2% | 1% | 1% | -46.0% | -36.1% |
COVID Impact & Recovery
Resilience Score: 29/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -5.6% ($110M → $104M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-2.8%
This Hospital
+7.6%
State Avg
Latest Margin
-14.1%
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) | $101M | -23.5% |
| FY2024 (proj) | $97M | -32.9% |
| FY2025 (proj) | $94M | -42.2% |