SHARON REGIONAL HEALTH SYSTEM — History
CCN 390211 | 3-year financial timeline | COVID resilience: 39/100
🛡️ Public data only — no PHI permitted on this instance.
$116M
Latest Revenue (FY2022)
-6.3%
Revenue CAGR (3yr)
-6.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $132M | $135M | $116M | -14.3% | -6.3% |
| Operating Expenses | $146M | $134M | $123M | -8.2% | -8.2% |
| Operating Margin | -10.9% | 0.6% | -6.5% | -1129.3% | +0.0% |
| Net Income | $-14M | $1M | $-8M | -981.8% | +0.0% |
| Licensed Beds | 175 | 163 | 150 | -8.0% | -7.4% |
| Total Patient Days | 31,567 | 31,741 | 26,110 | -17.7% | -9.1% |
| Medicare Day % | 23% | 21% | 19% | -5.2% | -7.8% |
| Medicaid Day % | 16% | 13% | 12% | -11.2% | -14.2% |
COVID Impact & Recovery
Resilience Score: 39/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: -12.2% ($132M → $116M)
FY2020 captured the initial COVID shock. Slow recovery suggests structural challenges beyond COVID.
Trend Summary
Revenue▼ Declining
Operating Margin▲ Growing
Beds▼ Declining
Medicare Mix▲ Growing
vs State Average ()
Revenue Growth
-6.3%
This Hospital
+7.6%
State Avg
Latest Margin
-6.5%
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) | $108M | -4.3% |
| FY2024 (proj) | $100M | -2.1% |
| FY2025 (proj) | $92M | 0.1% |