FORBES REGIONAL HOSPITAL — History
CCN 390267 | 3-year financial timeline | COVID resilience: 56/100
🛡️ Public data only — no PHI permitted on this instance.
$327M
Latest Revenue (FY2022)
+7.8%
Revenue CAGR (3yr)
-3.8%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $282M | $300M | $327M | +9.0% | +7.8% |
| Operating Expenses | $285M | $322M | $340M | +5.5% | +9.1% |
| Operating Margin | -1.3% | -7.2% | -3.8% | +48.1% | +0.0% |
| Net Income | $-4M | $-22M | $-12M | +43.4% | +0.0% |
| Licensed Beds | 234 | 233 | 233 | +0.0% | -0.2% |
| Total Patient Days | 57,203 | 60,605 | 61,254 | +1.1% | +3.5% |
| Medicare Day % | 21% | 22% | 22% | -1.6% | +2.1% |
| Medicaid Day % | 2% | 1% | 1% | -9.6% | -14.9% |
COVID Impact & Recovery
Resilience Score: 56/100 — Moderate — some COVID impact but recovering
Revenue recovery from FY2020 to FY2022: +16.3% ($282M → $327M)
FY2020 captured the initial COVID shock. Strong recovery indicates operational resilience and payer diversification.
Trend Summary
Revenue▲ Growing
Operating Margin▼ Declining
Beds▶ Stable
Medicare Mix▼ Declining
vs State Average ()
Revenue Growth
+7.8%
This Hospital
+7.6%
State Avg
Latest Margin
-3.8%
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) | $350M | -5.0% |
| FY2024 (proj) | $373M | -6.3% |
| FY2025 (proj) | $396M | -7.5% |