WILLS EYE HOSPITAL — History
CCN 390331 | 3-year financial timeline | COVID resilience: 38/100
🛡️ Public data only — no PHI permitted on this instance.
$41M
Latest Revenue (FY2022)
+3.9%
Revenue CAGR (3yr)
-26.5%
Financial Timeline
| Metric | FY2020 | FY2021 | FY2022 | YoY (Latest) | CAGR |
|---|---|---|---|---|---|
| Net Patient Revenue | $38M | $39M | $41M | +4.8% | +3.9% |
| Operating Expenses | $44M | $49M | $52M | +7.4% | +8.4% |
| Operating Margin | -16.3% | -23.5% | -26.5% | -12.9% | +0.0% |
| Net Income | $-6M | $-9M | $-11M | -18.3% | +0.0% |
| Licensed Beds | 4 | 4 | 4 | +0.0% | +0.0% |
| Total Patient Days | 857 | 810 | 765 | -5.6% | -5.5% |
| Medicare Day % | 7% | 13% | 5% | -65.0% | -17.8% |
| Medicaid Day % | 1% | 1% | 3% | +120.6% | +87.1% |
COVID Impact & Recovery
Resilience Score: 38/100 — Distressed — significant COVID damage
Revenue recovery from FY2020 to FY2022: +8.0% ($38M → $41M)
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▲ Growing
vs State Average ()
Revenue Growth
+3.9%
This Hospital
+7.6%
State Avg
Latest Margin
-26.5%
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) | $43M | -31.7% |
| FY2024 (proj) | $44M | -36.8% |
| FY2025 (proj) | $46M | -41.9% |