BUTLER MEMORIAL HOSPITAL — History
CCN 390168 | 3-year financial timeline | COVID resilience: 39/100
🛡️ Public data only — no PHI permitted on this instance.
$279M
Latest Revenue (FY2022)
+1.9%
Revenue CAGR (3yr)
-7.6%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $268M | $285M | $279M | -2.2% | +1.9% |
| Operating Expenses | $268M | $296M | $300M | +1.2% | +5.7% |
| Operating Margin | 0.1% | -4.0% | -7.6% | -87.8% | +0.0% |
| Net Income | $0M | $-11M | $-21M | -83.8% | +0.0% |
| Licensed Beds | 273 | 273 | 273 | +0.0% | +0.0% |
| Total Patient Days | 49,284 | 54,423 | 49,002 | -10.0% | -0.3% |
| Medicare Day % | 17% | 16% | 16% | -4.9% | -4.9% |
| Medicaid Day % | 1% | 0% | 1% | +173.1% | -17.1% |
COVID Impact & Recovery
Resilience Score: 39/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +3.9% ($268M → $279M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
+1.9%
This Hospital
+7.6%
State Avg
Latest Margin
-7.6%
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) | $284M | -11.4% |
| FY2024 (proj) | $289M | -15.2% |
| FY2025 (proj) | $294M | -19.0% |