ARMSTRONG COUNTY MEMORIAL — History
CCN 390163 | 3-year financial timeline | COVID resilience: 31/100
🛡️ Public data only — no PHI permitted on this instance.
$120M
Latest Revenue (FY2022)
+7.5%
Revenue CAGR (3yr)
-27.0%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $104M | $116M | $120M | +3.8% | +7.5% |
| Operating Expenses | $124M | $149M | $152M | +2.4% | +10.7% |
| Operating Margin | -19.7% | -28.7% | -27.0% | +6.0% | +0.0% |
| Net Income | $-20M | $-33M | $-32M | +2.5% | +0.0% |
| Licensed Beds | 129 | 129 | 95 | -26.4% | -14.2% |
| Total Patient Days | 15,215 | 16,247 | 15,162 | -6.7% | -0.2% |
| Medicare Day % | nan% | nan% | nan% | +nan% | +nan% |
| Medicaid Day % | 1% | 1% | 1% | -47.7% | -4.4% |
COVID Impact & Recovery
Resilience Score: 31/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +15.5% ($104M → $120M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▼ Declining
Medicare Mix▶ Stable
vs State Average ()
Revenue Growth
+7.5%
This Hospital
+7.6%
State Avg
Latest Margin
-27.0%
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) | $128M | -30.6% |
| FY2024 (proj) | $136M | -34.3% |
| FY2025 (proj) | $144M | -37.9% |